Arizona Debt Settlement Laws

Debt Settlement License Registration Required:

Statute: Ariz. Rev. Stat. Ann. §6-701 et seq.

Definition: “Debt management company” means a corporation, company, firm, partnership, association or society, as well as a natural person, that for compensation engages in the business of receiving money, or evidences thereof, in this state or from a resident of this state as agent of a debtor for the purpose of distributing the same to his creditors in payment or partial payment of his obligations.