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Code · Illinois · Chapter 205 — FINANCIAL REGULATION · Act 665

Sec. 12. Fees and charges of debt management service providers.

58 words·~1 min read·/il/chapter-205/act-665/12

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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.
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