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DELAWARE
UNIFORM DEBT MANAGEMENT SERVICES ACT
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On
July 17, 2006, Governor Ruth Ann Minner signed into law the Delaware
Uniform Debt Management Services Act
(UDMSA) which became effective January 17, 2007. The Attorney
General of the State of Delaware is responsible for issuing
licenses, examining providers of debt management services and
enforcing the UDMSA. The Director of Consumer Protection
administers the UDMSA law by designation of the Attorney
General.
Applicants for
licensure as providers of debt management services are
encouraged to review the UDMSA in its entirety and to consult
with legal counsel. The business advisory in the link below is
intended to provide general information only and does not
constitute legal advice. Reliance on any information in this
advisory will not excuse violations of the law.
Consumers are encouraged to consider the information in the
link below when making decisions about debt management
services.
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