New York Consolidated Laws, Banking Law - BNK § 584-a. Contracts with debtors; fees

1. a complete list of the debtor's obligations to be adjusted, including the name of each creditor;

2. the total fees agreed to for such services, including any adjustments for estimated available rebates from creditors, provided that nothing in this subdivision shall require a licensee to share rebates with its clients;

3. the commencement and termination date of the contract;

4. a pro forma statement of the total fees to be charged, including expected available rebates from creditors, expressed as a percentage of the total obligations, principal and interest to be adjusted under such contract;

5. settlement terms in case of cancellation of the contract or prepayment of the obligations;

6. a notice to the debtor that the debtor may cancel the contract until midnight of the third business day after the day on which the debtor has signed the contract; and

7. the terms under which the payments may be made by the debtor. Upon execution, a copy of such contract shall be immediately furnished to the debtor. Such contract may subsequently be amended to include additional creditors and debtors obligations.