Illinois Compiled Statutes 205 ILCS 665 Debt Management Service Act. Section 12

    (205 ILCS 665/12) (from Ch. 17, par. 5312)

    Sec. 12. Fees and charges of debt management service providers. A debt management service provider may not charge a debtor any fees or penalties except the following:

        (1) an initial counseling fee not to exceed $50 per

    debtor counseled; and

        (2) additional fees at the completion of the initial

    counseling services which shall not exceed $50 per month.

(Source: P.A. 96-1420, eff. 8-3-10.)

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Last modified: February 18, 2015