Debt Consolidating Agencies

Oregon Revised Statutes 697.602 - 697.842

Anyone who directly or indirectly solicits, offers to take, or takes anything of value from debtors to assist them in taking care of their debts must be registered as a debt consolidating agency. Non-profit agencies must provide a fidelity bond. For-profit agencies must provide a surety bond.

As of Dec. 31, 2007, 53 companies were registered in Oregon.

• Consumer alerts and press releases
• Debt consolidating agency registration information
• File a complaint
• Forms
• Frequently asked questions
• Registered agencies
• Reports - annual activity
• Resources
• Statutes and administrative rules

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Consumer alerts and press releases

	State orders New Jersey debt consolidating business to ceast and desist, assesses $150,000 fine - 04/18/08

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Forms

Biennial renewal form 440-3364 last updated: 09/08/2008	PDF  | Word
Initial registration pack 440-2799 last updated: 05/12/2008	PDF  | Word

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Resources

	Federal Trade Commission - Credit Repair: Self-Help May Be Best
	Federal Trade Commission - Fiscal Fitness: Choosing a Credit Counselor
	Federal Trade Commission - For People on Debt Management Plans: A Must-Do List

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Statutes and administrative rules

Collection Agencies; Check-Cashing Businesses; Debt Consolidating Agencies	ORS Chapter 697 697.602 to 697.842
Registration of Debt Consolidating Businesses	OAR Chapter 441, Div. 910