{"data":{"id":"us-in/ic-24-5-15-2.5","jurisdiction":"us-in","citation":"IC 24-5-15-2.5","heading":"\"Debt settlement services\"","body":"Sec. 2.5. As used in this chapter, \"debt settlement services\" means any of the following services that a person performs, offers to perform, or represents, either directly or by implication, that the person will perform with respect to a debt between a buyer and one (1) or more unsecured creditors or debt collectors:\n(1) A renegotiation of the debt.\n(2) A settlement of the debt.\n(3) An alteration of the terms of payment or other terms of the debt, including a reduction in the balance, interest rate, or fees owed by the buyer to the creditor or debt collector.","path":["TITLE 24. TRADE REGULATION","ARTICLE 5. CONSUMER SALES","Chapter 15. Credit Services Organizations"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-5-15-2.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"757f0c463dbd5edfc0748f9bf15be234fc65f72e2861c2c6fba892917572b2cd","source_id":"us-in","stale":false,"prev":"us-in/ic-24-5-15-2","next":"us-in/ic-24-5-15-3"},"notice":"GroundRules: Original legal text. Not legal advice."}