Oregon Statutes - Chapter 697 - Collection Agencies; Check-Cashing Businesses; Debt Consolidating Agencies - Section 697.707 - Disclosure of fees; effect.

(1) A debt consolidating agency may not charge or receive from a client a fee authorized under ORS 697.692 for any services provided by the agency to the client before the agency provides the disclosure required under this section.

(2) A debt consolidating agency shall disclose in writing to each client on a separate form:

(a) The maximum amount the debt consolidating agency may charge for services performed for the client; and

(b) That the client is responsible for payment of the amount charged.

(3) The form described in subsection (2) of this section must contain a space for the client to sign the form, indicating that the client has read and understands the information disclosed on the form. [2005 c.309 §3]

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Last modified: August 7, 2008