Maine Statutes

§ 17 §702 — Budget planning, defined

Maine·Title 17 CRIMES·Ch. 29 BUDGET PLANNING BUSINESS
"Budget planning" means the making of a contract with a particular debtor, when the debtor agrees to pay a certain amount periodically to the person engaged in the budget planning, who shall distribute the same to a certain specified creditor or among certain specified creditors in accordance with a plan agreed upon by the debtor.

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Legislative History

PL 1999, c. 560, §2 (AMD).

Nearby Sections

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