Are there any restrictions on how much debt relief law can help me with?
Yes, there are restrictions on how much debt relief law can help you with in Kansas. The Kansas Consumer Protection Act (KCPA) governs debt relief services in the state, and it outlines the limits of what debt relief services are allowed to do. First, debt relief services may not charge you a fee until they have successfully completed all the services for which the fee was paid. Second, no fee or other compensation may exceed the value of the debt relief services rendered. Additionally, debt relief services may not collect any fees until the debtor’s creditors have agreed to the negotiated terms or the debt has been reduced, settled, or otherwise modified. Finally, debt relief services are prohibited from guaranteeing a specific result or a reduction in the amount you owe. These services can only offer an estimation of the outcome based on their experience. Due to these restrictions, it is important that you thoroughly research and understand how debt relief law works in Kansas before working with a debt relief specialist. It is also important to make sure that the debt relief services you hire are in compliance with KCPA so that you can be sure you are not being taken advantage of.
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