(225 ILCS 429/110)
    Sec. 110. Individualized financial analysis.
    (a) Prior to entering into a written contract with a consumer, a debt settlement provider shall prepare and provide to the consumer in writing and retain a copy of:
        (1) an individualized financial analysis, including
    
the individual's income, expenses, and debts; and
        (2) a statement containing a good faith estimate of
    
the length of time it will take to complete the debt settlement program, the total amount of debt owed to each creditor included in the debt settlement program, the total savings estimated to be necessary to complete the debt settlement program, and the monthly targeted savings amount estimated to be necessary to complete the debt settlement program.
    (b) A debt settlement provider shall not enter into a written contract with a consumer unless it makes written determinations, supported by the financial analysis, that:
        (1) the consumer can reasonably meet the requirements
    
of the proposed debt settlement program, including the fees and the periodic savings amounts set forth in the savings goals; and
        (2) the debt settlement program is suitable for the
    
consumer at the time the contract is to be signed.
(Source: P.A. 96-1420, eff. 8-3-10.)