Oregon HB4141 regulates debt resolution services, requiring providers to register and outlining permissible and prohibited activities.

Oregon HB4141 mandates that debt resolution service providers register with the Department of Consumer and Business Services. It defines debt resolution services and debt management services, specifying what each can and cannot do. The bill outlines the registration process, including fees and surety bonds. It details permissible activities, such as negotiating debt terms and maintaining consumer records, and prohibited activities, such as guaranteeing debt resolution results or charging fees before services are rendered.

Oregon HB4141 regulates debt resolution services, requiring providers to register and outlining permissible and prohibited activities.

Oregon HB4141 mandates that debt resolution service providers register with the Department of Consumer and Business Services. It defines debt resolution services and debt management services, specifying what each can and cannot do. The bill outlines the registration process, including fees and surety bonds. It details permissible activities, such as negotiating debt terms and maintaining consumer records, and prohibited activities, such as guaranteeing debt resolution results or charging fees before services are rendered.