Does debt relief law require any legal fees to be paid?

In Tennessee, debt relief law does not require any legal fees to be paid. In fact, the law explicitly states that creditors are prohibited from collecting any fees or other charges in connection with the settlement of a debt or providing debt relief services. Generally, when a consumer is struggling with debt, they can contact a debt relief agency and the agency will negotiate with creditors to reduce or eliminate the debt. The debt relief law in Tennessee applies to these agencies, as well as debt settlement companies and credit counselors. Under the Tennessee law, debt relief service providers are not allowed to charge any fees for their services until the consumer has made at least one payment to their creditor as a result of the debt relief service. In addition, the fee must be reasonable and disclosed in advance. Furthermore, debt relief services in Tennessee are not allowed to charge any other fee or charge related to their services. They cannot require the debtor to purchase any insurance or other products. Finally, in order to protect consumers, debt relief companies must be registered and bonded with the Tennessee Secretary of State. Therefore, it is clear that debt relief law in Tennessee does not require any legal fees to be paid. Additionally, debt relief companies cannot charge any additional fees or require the consumer to purchase any other products.

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Does debt relief law require any legal fees to be paid?

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