Sentences with phrase «definition of debt relief»
The definition of a debt relief service is «any service or program represented, directly or by implication, to renegotiate, settle, or in any way alter the terms of payment or other terms of the debt between a person and one or more unsecured creditors or debt collectors, including, but not limited to, a reduction in the balance, interest rate, or fees owed by a person to an unsecured creditor or debt collector.»
https://getoutofdebt.org/ Not exact matches
Personally I like that definition since it gives consumer advocates a wide latitude to call many acts and practices of debt relief companies, deceptive.