Debt relief services definition

Debt relief services means any program or service represented, directly or by implication, to renegotiate, settle, or in any way alter the terms of payment or other terms of the debt between a person and one or more unsecured creditors or debt collectors, including, but not limited to, a reduction in the balance, interest rate, or fees owed by a person to an unsecured creditor or debt collector.
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Debt relief services means any program or service represented, directly
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Debt relief services means any program that claims directly, or implies, that it can renegotiate, settle, or in some way change the terms of an individual’s debt to an unsecured creditor or debt collector.16 These services typically include reducing the balance, interest rates, or fees that an individual owes.17
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Examples of Debt relief services in a sentence

  • THE STATES SUPPORT A BROAD DEFINITION OF DEBT RELIEF SERVICES Debt relief services, as defined in the proposed rule, include what is commonly referred to as debt management, debt settlement, and debt negotiation.

  • Debt relief services have proliferated in recent years as the economy has declined and greater numbers of consumers hold debts they cannot pay.

  • Debt relief services are forever morphing to attract customers and to exploit perceived loopholes in the law.

  • Debt relief services include debt settlement programs whereby a provider typically offers to help consumers resolve their debts by negotiating settlements of their balances for less than the consumer owes.

  • The second batch settles net positions for equity transactions in CHESS, the electronic settlement system operated by the Australian Stock Exchange.RITS also provides a facility for members to participate in electronic tenders for CGS.

  • Overview of Debt Relief Services and FTC Law Enforcement Efforts Debt relief services have proliferated over the past few years as greater numbers of consumers struggle with debts they cannot pay.

  • Debt relief services have proliferated over the past few years as greater numbers of consumers struggle with debts they cannot pay.

  • Debt relief services is defined to mean any service, represented directly or by implciation, to renegotiate, settle, or in any way alter the terms of payment or other terms of the debt between a consumer and one or more unsecured creditors or debt collectors, including, but not limited to, a reduction in the balance, interest rate, or fees owed by a consumer to an unsecured creditor or debt collector, 16 C.F.R. g 310.2(m).


More Definitions of Debt relief services

Debt relief services means any program or service represented, directly or by implication, to renegotiate, settle, or in any way alter the terms of payment or other
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Debt relief services means any form of debt relief services which the Contractor may provide or facilitate and arrange to provide, upon specific request, to the Employer/s by means of a separate agreement, with regard to any amount which may be owing to Eskom or any other party;
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Related to Debt relief services

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Debt Representative means, with respect to any Indebtedness that is secured on a pari passu basis with, or on a junior basis to, the Term Loans, the trustee, administrative agent, collateral agent, security agent or similar agent under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Additional Senior Debt Parties means, with respect to any series, issue or class of Additional Senior Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Additional Senior Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Company or any Guarantor under any related Additional Senior Debt Documents.

  • Debt Repayment means the repayment, prepayment, repurchase or defeasance of the Indebtedness of the Borrower under the Indebtedness that is identified on Schedule 1.1(g) to the Original Credit Agreement and that is repaid, prepaid, repurchased or defeased on the Original Closing Date (or such later date as may be necessary to effect the Debt Repayment in accordance with the tender offers therefor).

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Second Lien Security Documents means the “Security Documents”, as defined in the Second Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Lien are governed.

  • Senior Class Debt Parties has the meaning assigned to such term in Section 8.09.

  • Additional Secured Parties means any Additional Agents and any Additional Creditors.

  • First Lien Security Documents means, collectively, (i) the Credit Agreement Collateral Documents and (ii) the Additional First-Lien Security Documents.

  • Secured Debt Representative means each Parity Lien Representative and each Priority Lien Representative.

  • Additional Senior Debt Facility means each indenture or other governing agreement with respect to any Additional Senior Debt.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Banking Services Agreement means any agreement entered into by the Borrower or any Subsidiary in connection with Banking Services.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • terrorism financing means directly or indirectly, unlawfully and wilfully, provides or collects funds with the intention that they should be used or in the knowledge that they are to be used, in full or in part, in order to carry out acts of terrorism.

  • Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.

  • Senior means a person seventy years old or older.

  • DIP means debtor-in-possession.

  • Senior Higher Priority Liabilities means any obligations in respect of principal of the Issuer under any Notes and any other unsecured and unsubordinated obligations (créditos ordinarios) of the Issuer, other than the Senior Non Preferred Liabilities; and

  • State Level Monitoring Cell means the body constituted by the State Government for the control and elimination of ragging in institutions within the jurisdiction of the State, established under a State Law or on the advice of the Central Government, as the case may be.