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New Hampshire · Through 2025 regular legislative session, or December 2025

RSA 399-D:17: Provisions Applicable to Debt Repayment Plans Under This Chapter.

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Where this section sits in the code
  1. Title XXXVI: PAWNBROKERS AND MONEYLENDERS
  2. Chapter 399-D: DEBT ADJUSTMENT SERVICES

I. If the debtor gives the licensee 30 days' written notice of cancellation and such licensee performed all of its contractually required services, such licensee shall be entitled to a cancellation fee of the lesser of:

(a) 5 percent of the remaining service charges that would have been collected over the term of the debt adjustment contract; or

(b) $50.

II. If the debtor willfully defaults by failing to pay the contractually obligated payments for a period of 30 days and such licensee performed all of its contractually required services, such licensee shall be entitled to a cancellation fee of the lesser of:

(a) 5 percent of the remaining service charges that would have been collected over the term of the debt adjustment contract; or

(b) $50.

III. The licensee shall notify the debtor's creditors or their attorneys in writing within 10 calendar days of cancellation.

Collected 2026-09-05T15:52:25Z. Source file · JSON

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