{"data":{"id":"us-ky/krs-380.010","jurisdiction":"us-ky","citation":"KRS 380.010","heading":"Definitions for chapter.","body":"As used in this chapter, the following terms mean:\n(1) \"Person\" includes, but is not limited to, individuals, partnerships, associations,\ncorporations, limited liability companies, trusts, and other legal entities;\n(2) \"Debt adjuster\" means a person engaged in the business of debt adjusting;\n(3) \"Debt adj usting\" means doing business in this state in debt adjusting, budget\ncounseling, debt management, debt modification or settlement, foreclosure\nassistance, or debt pooling service, or holding oneself out as acting or offering or\nattempting to act as an inte rmediary between a debtor and his or her creditors for a\nfee, contribution, or other consideration, or by words of similar import, as providing\nservices to debtors in the management, settlement, modification, or adjustment of\ntheir debts, to do any of the following:\n(a) Effect the adjustment, compromise, settlement, modification, or discharge of\nany account, note or other indebtedness of the debtor;\n(b) Receive from the debtor and disburse to the debtor's creditors any money or\nother thing of value; or\n(c) Solicit business and advertise as a debt adjuster;\n(4) \"Reside\" means to live in a particular place on a temporary or permanent basis;\n(5) \"Debtor\" means an individual who resides in Kentucky and is indebted to a creditor\nor creditors, including two (2) or  more individuals who are jointly and\nseverally, or jointly or severally, indebted to a creditor or creditors;\n(6) (a) \"Personal information\" means any information:\n1. That a debtor provides to a debt adjuster to obtain a debt -adjusting\nproduct or service from the debt adjuster;\n2. About a debtor resulting from any transaction involving debt adjusting\nbetween a debtor and the debt adjuster; or\n3. That a debt adjuster otherwise obtains about a debtor in connection with\nproviding a debt-adjusting product or service to that debtor.\n(b) \"Personal information\" does not include information that a debt adjuster has a\nreasonable basis to believe is lawfully made available to the general public\nfrom:\n1. Federal, state, or local government records;\n2. Widely distributed media; or\n3. Disclosures to the general public that are required to be made by federal,\nstate, or local law.\nFor purposes of this paragraph, \"reasonable basis\" to b elieve that\ninformation is lawfully made available to the general public means the\ndebt adjuster has taken steps to determine that the information is the type\nthat is available to the general public and whether an individual may\ndirect that the information  not be made available to the general public\nand, if so, that the debt adjuster's consumer has not done so; and\n(7) \"Additional interested party\" means a party, including but not limited to the\nAttorney General, to whom written notice shall be sent at the same time that a\nnotice is required to be sent to an insured regarding any cancellation, nonrenewal,\nmodification, or change in the insurance coverage required by KRS 380.040(7).","path":["KRS Chapter 380"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35378","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:09Z","sha256":"b1a275ef5e36d7a0c5cc0728994f2708793b5be9e60c94d0c2f593b6c3612bab","source_id":"us-ky","stale":false,"prev":"us-ky/krs-38.990","next":"us-ky/krs-380.020"},"notice":"GroundRules: Original legal text. Not legal advice."}