Vermont § 2759c Periodic statements to debtor

Vermont Statutes

§ 2759c — Periodic statements to debtor

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 83 Chapter 083: Debt Adjusters

Periodically, but not less frequently than quarterly, the licensee shall provide the debtor with a statement showing the payments made by the debtor, how such payments have been distributed, and for each debt covered by the contract:

(1)the beginning amount of such debt;

(2)the current amount due on such debt; and

(3)the basic terms of such debt. (Added 2003, No. 81 (Adj. Sess.), § 1; amended 2009, No. 137 (Adj. Sess.), § 3.)

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Periodically, but not less frequently than quarterly, the licensee shall provide the debtor with a statement showing the payments made by the debtor, how such payments have been distributed, and for each debt covered by the contract:
(1) the beginning amount of such debt;
(2) the current amount due on such debt; and
(3) the basic terms of such debt. (Added 2003, No. 81 (Adj. Sess.), § 1; amended 2009, No. 137 (Adj. Sess.), § 3.)

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