debt relief agency

Definition of "debt relief agency"
  1. An entity, excluding banks, nonprofits, and governmental bodies, but often including lawyers and bankruptcy petition preparers, that offers guidance, information, document preparation, or various services to individuals considering or filing for bankruptcy, and is regulated by specific legal stipulations established in 2005
How to use "debt relief agency" in a sentence
  1. The community center recommends a local debt relief agency for those considering filing for bankruptcy.
  2. The debt relief agency guided the individual through the complex process of filing for bankruptcy.
  3. She consulted a debt relief agency before deciding to file for bankruptcy.

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