Nevada § 676A.130 “Debt-management plan” defined

Nevada Statutes

§ 676A.130 — “Debt-management plan” defined

Nevada § 676A.130

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 676AUniform

GENERAL PROVISIONS

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Bluebook

Nev. Rev. Stat. § 676A.130 (2026).

Text

“Debt-management plan” means a plan which contemplates that:

1.Regular, periodic payments will be made to a provider by or on behalf of an individual to whom debt-management services are being provided; and

2.The individual’s creditors will reduce financing charges or fees for late payment, default or delinquency. Ê The term does not include a plan which contemplates that creditors of the individual will settle debts for less than the principal amount of the debt.

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“Debt-management plan” means a plan which contemplates that:
1. Regular, periodic payments will be made to a provider by or on behalf of an individual to whom debt-management services are being provided; and
2. The individual’s creditors will reduce financing charges or fees for late payment, default or delinquency.
Ê The term does not include a plan which contemplates that creditors of the individual will settle debts for less than the principal amount of the debt.