Mich. Admin. Code R. 451.1226 - Debt management contract; budget analysis format; creditors agreement form
Rule 6.
(1) The
applicant shall file a copy of its proposed debt management contract for
debtors at the time of filing its application for review and acceptance by the
department.
(2) The applicant shall
file a copy of its proposed budget analysis format with the
department.
(3) A true copy of the
budget analysis must be provided to each debtor before a contract is
signed.
(4) The applicant shall
file a copy of its proposed creditor's agreement form with the
department.
Notes
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