Ill. Admin. Code tit. 38 § 145.120

Current through Register Vol. 48, No. 50, December 13, 2024

Section 145.120 - Receipts

a) The receipt that a debt settlement provider issues shall include the following:

1) The name and address or other identifying information of the individual who submits the payment to the provider;

2) The amount of money received and the form of payment (cash, check number, money order, etc.);

3) The date the money was received by the provider;

4) The representative of the provider who accepted the payment; and

5) A transaction or confirmation number that can be matched with the office record of the provider.

b) A debt settlement provider shall not charge a fee for issuing any receipt.

Ill. Admin. Code tit. 38, § 145.120