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Current as of March 28, 2024 | Updated by Findlaw Staff
As used in this chapter, the term:
(1) “Debt adjusting” means doing business in debt adjustments, budget counseling, debt management, or debt pooling service or holding oneself out, by words of similar import, as providing services to debtors in the management of their debts and contracting with a debtor for a fee to:
(A) Effect the adjustment, compromise, or discharge of any account, note, or other indebtedness of the debtor; or
(B) Receive from the debtor and disburse to his or her creditors any money or other thing of value.
(2) “Person” means an individual, corporation, partnership, trust, association, or other legal entity.
(3) “Resides” means to live in a particular place, whether on a temporary or permanent basis.
Cite this article: FindLaw.com - Georgia Code Title 18. Debtor and Creditor § 18-5-1 - last updated March 28, 2024 | https://codes.findlaw.com/ga/title-18-debtor-and-creditor/ga-code-sect-18-5-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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