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Tagged: “debt relief”

Ohio’s Proposed Debt Settlement Legislation Bad Policy for Ohio’s Consumers

July 2013

Recently, Representative Lou Terhar introduced HB 173 in the Ohio House. The bill purports “to regulate the for-profit debt settlement industry in Ohio.” Although this industry needs significant regulatory reforms, the proposed modifications of state law would offer mostly redundant regulation while removing fees caps that protect Ohio’ s citizens. The bill that would emerge […]

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