Debt Management or Settlement Services in Texas Require Registration, Licensing and Annual Reporting
Texas Lawyers are and Have Been Violatin’ This Mandatory Requirement for Decades, Including Alice Bower, Attorney at Law
JUL 11, 2022
Texas Consumer Protection Laws Violated for Decades by Lawyers and their Entities in Texas. What’s Your Purpose Lawmakers @TexasHouse and Texas Govt @texasgov? Control citizens but not your fellow lawyers? It sure looks that way and the data is horrific. #txlege #appellatetwitter pic.twitter.com/bDsZxf0UHO
— lawsinusa (@lawsinusa) July 11, 2022
Alice Bower, Attorney At Law
DEBT SETTLEMENT ATTORNEYS IN FORT WORTH
WE WILL NEGOTIATE WITH CREDITORS ON YOUR BEHALF
Handling financial problems without a lawyer is a tall order; most people simply cannot do it alone. An experienced debt settlement attorney can make a huge difference for people with overwhelming financial troubles.
However, it takes a savvy lawyer for the best results. We do not suffer intimidation tactics that often prompt average working people to make hasty decisions or follow misinformed advice. If your bills are piling up and you are receiving notices and phone calls from debt collectors, we can help.
Contact a debt settlement attorney now at (817) 241-5552. We offer free consultations!
HOW WE CAN HELP YOU WITH DEBT NEGOTIATION
A debt settlement attorney can open up options for people with significant debt who do not want to file for individual bankruptcy. Our attorney has years of experience working with debtors, creditors, and collection agencies.
We are proud to have helped negotiate affordable settlements and get consumers caught up with their bills. Alice Bower, Attorney at Law can assist almost anyone suffering from credit card debt, back taxes, medical debts, and other financial troubles.
Stopping Harassing Phone Calls
We can write a powerful “cease and desist” letter directing all creditors to deal directly with us – not you. Creditors and debt collectors think nothing of harassing you at all hours of the day, even at work. They work on commission, so their sole motivation is getting money – even from someone who does not have it. Harassing creditors use powerful tactics – and so should you.
Reducing Payments on Outstanding Balances
Most of our clients reduce their debt by as much as 80%. For many people with overwhelming financial burdens, bankruptcy is the best choice.
However, creditors hate to see a debtor filing for bankruptcy. Bankruptcy means that they will either collect nothing or have to wait many years for repayment. This means creditors are more likely to accept a form of debt settlement over a potential bankruptcy. We can negotiate settlements quickly and effectively.
Straighten Out Your Credit Reports
This process requires thorough and consistent communication with the 3 main credit reporting firms. Our lawyers work ceaselessly to remove any inaccurate, misleading, and simply incorrect marks on credit reports. We help keep them current and make certain they reflect the progress a debtor is making toward repayment.
Save Your Home or Vehicle
Most people simply cannot function without reliable transportation. When children are involved, moving can affect self-esteem and academic success.
We can help negotiate affordable payment plans with creditors. We can do this through the power of secured assets like a car, home, or other property. This option can save you from the trauma and humiliation of moving or having your auto repossessed. In many cases, debtors can keep the homes they own or stay in their apartments for an extended period.
LET US HELP YOU ACHIEVE FINANCIAL RELIEF
Hiring a lawyer can be affordable and is one of the shrewdest decisions you can make when facing mounting debt. Our lawyers enjoy a high success rate when it comes to helping families pay off or discharge debt.
You lose nothing by giving us a call and setting up a free initial consultation. Whether you choose to retain us, you can come away with a better direction toward the path of financial freedom.
Texas, Contrary to your Belief, Lawyers and their Entities are Not Above the Law.
You’ve A Major Issue Now with LIT’s latest Expose.
Watch the Video and then Visit LIT for all the Evidence, we’d Need 4,000 Licensed and Bonded Attorneys to unravel this decades long corruption. pic.twitter.com/DFYzKEnhyB
— lawsinusa (@lawsinusa) July 10, 2022
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Texas Administrative Code |
Next Rule>> |
| TITLE 7 | BANKING AND SECURITIES |
| PART 5 | OFFICE OF CONSUMER CREDIT COMMISSIONER |
| CHAPTER 88 | CONSUMER DEBT MANAGEMENT SERVICES |
| SUBCHAPTER B | ANNUAL REQUIREMENTS |
| RULE §88.202 | Annual Report |
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| (a) General requirement. Each authorized debt management services provider must file an annual report under this section and must comply with all instructions from the OCCC relating to submitting the report.
(b) Annual report. Each year, at the time of annual renewal, an authorized debt management services provider must file with the OCCC, in a form prescribed by the OCCC, a report that contains the following: (1) if the provider is a nonprofit or tax exempt organization, the assets and liabilities at the beginning and end of the reporting period, as required by Texas Finance Code, §394.205(b)(1); (2) the total number of debt management plans the provider has initiated on behalf of consumers in Texas during the reporting period, as required by Texas Finance Code, §394.205(b)(2); (3) the total and average fees charged to consumers, including all voluntary contributions received from consumers, as required by Texas Finance Code, §394.205(b)(3); and (4) if the provider has initiated one or more debt management plans during the reporting period, a statement of whether the provider provided individualized counseling to each consumer through the services of an independently certified counselor, as required by Texas Finance Code, §394.208(a)(1). (c) Required documents. A provider must submit the following additional documents with the annual report, in accordance with the OCCC’s instructions: (1) a blank copy of any debt management services agreement used by the provider, as required by Texas Finance Code, §394.205(d) (the OCCC may allow a provider to certify current use of a previously submitted agreement); (2) blank copies of the provider’s consumer educational information, individualized financial analysis, initial debt management plan, and any other required disclosures relating to credit counseling, as required by Texas Finance Code, §394.205(d) (the OCCC may allow a provider to certify current use of previously submitted information); and (3) a copy of the provider’s surety bond or a compliant insurance policy, as required by Texas Finance Code, §394.206(a). (d) Certification. An annual report must be verified by the oath or affirmation of the owner, manager, president, chief executive officer, or chairman of the board of directors of the provider, as required by Texas Finance Code, §394.205(c). The provider must certify that the provider has reviewed all contact information and principal party information on file with the OCCC, and has submitted any updates to this information in accordance with the OCCC’s instructions. (e) Other information. Upon request by the OCCC, the provider must provide any other information the commissioner deems relevant concerning the provider’s business and operations during the preceding calendar year. |
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| Source Note: The provisions of this §88.202 adopted to be effective November 10, 2005, 30 TexReg 7215; amended to be effective September 6, 2007, 32 TexReg 5661; amended to be effective May 6, 2010, 35 TexReg 3481; amended to be effective January 2, 2014, 38 TexReg 9488; amended to be effective March 8, 2018, 43 TexReg 1258; amended to be effective March 10, 2022, 47 TexReg 1085 |
No, MJ Bray
“You Are a Criminal”.https://t.co/3a1SxpM7PL
P.S. Has Anybody Seen Attorney Mark D. Hopkins of Hopkins Law, PLLC, Austin, Texas?@goodwinlaw @BakerHostetler @McGuireWoodsLLP @SpencerFane @gibsondunn @Kirkland_Ellis @LockeLord @YetterColeman @GT_Law @Public_Justice pic.twitter.com/XcQeFuwY8p— lawsinusa (@lawsinusa) July 10, 2022
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