Title 18 — Debtor and Creditor
0 chapters · 122 sections in this title.
O.C.G.A. § 18-5-1 Definitions
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As used in this chapter, the term: (1) “Debt adjusting” means doing business in debt adjustments, budget counseling, debt management, or debt pooling service or holding oneself out, by words of similar import, as providing services to debtors in the management of their debts and …
O.C.G.A. § 18-5-2 Debt adjusting permitted
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In the course of engaging in debt adjusting, it shall be unlawful for any person to accept from a debtor who resides in this state, either directly or indirectly, any charge, fee, contribution, or combination thereof in an amount in excess of 7.5 percent of the amount paid monthl…
O.C.G.A. § 18-5-3.1 Definitions
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Debt adjusting permitted. Exemption for debt adjustment by certain individuals or entities. Annual requirements for persons engaged in debt adjusting; designation of repository office. Sec. 18-5-3.2. 18-5-4. 18-5-5. Timing of disbursements to appropriate creditors; trust account …
O.C.G.A. § 18-5-5 Applicability of provisions
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Exemptions, §18-5-3. Attorney general enforcement and rulemaking powers, §18-5-5. Audit requirements, §18-5-3.1. Definitions, §18-5-1. Exemptions, §18-5-3. Insurance coverage, §18-5-3.1. Maximum percentage to be charged, §18-5-2. DEBT ADJUSTMENT —Cont’d Permitted. Maximum percenta…