Florida Debt Settlement Laws

Debt Settlement License Registration Required:

Statute: Fla. Stat. §817.801 et seq.

Definition: “Debt management services” means services provided to a debtor by a credit counseling organization for a fee to:

(a) Effect the adjustment, compromise, or discharge of any unsecured account, note, or other indebtedness of the debtor; or

(b) Receive from the debtor and disburse to a creditor any money or other thing of value.