A debt service management provider may only charge a consumer the following fees for providing debt management services:(a) A maintenance fee not to exceed Thirty Dollars ($30.00) per month after a consumer has received a free initial counseling session;(b) A one-time setup fee not to exceed Seventy-five Dollars ($75.00);(c) A fee for obtaining the consumer's credit report not to exceed Fifteen Dollars ($15.00) for an individual report or Twenty-five Dollars ($25.00) for a joint report;(d) A fee not to exceed Fifty Dollars ($50.00) for educational courses/products that will assist the consumer in achieving financial stability. Products shall be educational in nature and may include, but not be limited to, the following topics: Home Buyer Education, Financial Literacy Education, and Credit Report Review. However, the consumer must be informed that those courses and products are not a mandatory condition to receive debt management services; and(e) A bankruptcy consultation fee, not to exceed Fifty Dollars ($50.00) per consumer, may be charged by nonprofit credit counseling agencies approved by the U.S. Trustees pursuant to 11 USC Section 111. Laws, 2003, ch. nsultation fee, not to exceed Fifty Dollars ($50.00) per consumer, may be charged by nonprofit credit counseling agencies approved by the U.S. Trustees pursuant to 11 USC Section 111. Laws, 2003, ch. 465, § 7; reenacted and amended, Laws, 2006, ch. 398, § 7; reenacted and amended, Laws, 2010, ch. 396, § 7, eff. 7/1/2010.Reenacted without change by Laws, 2022, ch. 312, HB 687,§ 7, eff. 7/1/2022.Reenacted without change by Laws, 2019, ch. 323, HB 800,§ 7, eff. 7/1/2019.Reenacted by Laws, 2016, ch. 345, HB 470, 7, eff. 7/1/2016.Reenacted without change by Laws, 2015, ch. 325, HB 1401, 7, eff. 7/1/2015.Reenacted without change by Laws, 2013, ch. 348, SB 2557, 7, eff. 7/1/2013.
Mississippi Legal Code