Fees and charges of debt management service providers

205 ILCS 665/12, under Debt Management Service Act.

205 ILCS 665/12

(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.)