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A licensee shall try to get hold of consent to engage in a personal debt management program from at the least 51%, in selection or dollar volume, in the debtor’s creditors inside ninety days after establishing the credit card debt administration program. If your expected consent is just not in fact been given by the licensee, the licensee shall deliver notice for the debtor of The shortage of expected consent as well as debtor might, at its possibility, shut the account.

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