131 chapters · 1,761 sections in this title.
32 M.R.S. § 6174-B Counselor certification; consumer education program
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1. Certified counselor. A debt management service provider shall provide evidence to the administrator within 12 months after initial employment of a counselor that the counselor is a certified counselor. 2. Consumer education. A debt management service provider shall offer a con…
32 M.R.S. § 6175 Handling of consumer funds
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1. Funds deposited in trust account. The debt management service provider shall deposit, within 2 business days of receipt, all funds received from or on behalf of a consumer for payment to a creditor or creditors in a federally insured trust account for the benefit of the consum…
32 M.R.S. § 6176 Requirement for written agreement
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1. Written agreement. A debt management service provider may not perform debt management services for a consumer unless the consumer and the debt management service provider have first executed a written agreement with regard to the debt management services to be provided. A copy…
32 M.R.S. § 6177 Reports and records
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1. Written reports to consumers. A debt management service provider shall provide to each consumer receiving debt management services periodic written reports accounting for funds received from the consumer for payment to the consumer's creditor or creditors whose obligations are…