NRS 676A.130
“Debt-management plan” defined.

“Debt-management plan” means a plan which contemplates that:

1.

Regular, periodic payments will be made to a provider by or on behalf of an individual to whom debt-management services are being provided; and

2.

The individual’s creditors will reduce financing charges or fees for late payment, default or delinquency.
Ê The term does not include a plan which contemplates that creditors of the individual will settle debts for less than the principal amount of the debt.

Source: Section 676A.130 — “Debt-management plan” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-676A.­html#NRS676ASec130.

Last Updated

Jun. 24, 2021

§ 676A.130’s source at nv​.us