Georgia Code, Title 18, Chapter 5 - Debt Adjustment

• § 18-5-1 - Definitions
  As used in this chapter, the term: (1) "Debt adjusting" means doing business in debt adjustments, budget counseling, debt management, or debt pooling service...
• § 18-5-2 - Debt Adjusting Permitted
  In the course of engaging in debt adjusting, it shall be unlawful for any person to accept from a debtor who resides in this...
• § 18-5-3 - Exemption for Debt Adjustment by Certain Individuals or Entities
  Nothing in this chapter shall apply to those situations involving debt adjusting incurred in the practice of law in this state. Nothing in this...
• § 18-5-3.1 - Annual Requirements for Persons Engaged in Debt Adjusting; Designation of Repository Office
  (a) Any person engaged in debt adjusting for debtors residing in this state shall meet the following annual requirements: (1) Obtain from an independent...
• § 18-5-3.2 - Timing of Disbursements to Appropriate Creditors; Trust Account Required
  (a) Any person engaged in debt adjusting shall disburse to the appropriate creditors all funds received from a debtor, less any fees authorized by...
• § 18-5-4 - Penalty for Unlawfully Engaging in Business of Debt Adjusting
  (a) Any person who engages in debt adjusting in violation of this chapter shall be guilty of a misdemeanor.(b) Without limiting the applicability of...
• § 18-5-5 - Role of Attorney General in Promulgating Rules and Regulations
  The Attorney General shall have the authority to promulgate rules and regulations and establish procedures necessary to carry into effect, implement, and enforce the...

Last modified: October 14, 2016