91st General Assembly
Summary of HB3046
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Short description: 
COLLECTION AGCY-REASONABLE FEE                                             

Synopsis of Bill as introduced:
        Amends the Collection Agency Act. Provides that if a  contingency      
   or  hourly  fee  arrangement  (i)  is  established  under an agreement      
   between a collection agency and a creditor to collect a debt and  (ii)      
   is  paid by a debtor pursuant to a contract between the debtor and the      
   creditor, then that fee arrangement does not subject the  licensee  to      
   disciplinary action unless the fee is unreasonable.                         
Last action on Bill: PUBLIC ACT.............................. 91-0768

   Last action date: 00-06-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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