Montana Debt Settlement Laws
Debt Settlement License Registration Required:
Statute: Mont. Code Ann. §30-14-2001 et seq.
Definition: “Debt settlement provider” means any person or entity engaging in or holding itself out as engaging in the business of debt settlement for compensation that does not in the usual and regular course of business hold, receive, or disburse a debtor’s funds in connection with debt settlement services. See Montana Code 30-14-2101
Statute: Mont. Code Ann. §30-14-2101 et seq.
Definition: “Debt settlement service” is the negotiation, adjustment, or settlement of a consumer’s debt without holding, receiving, or disbursing the debtor’s funds.