{"data":{"id":"us-me/32-m.r.s.-6174-a","jurisdiction":"us-me","citation":"32 M.R.S. §6174-A","heading":"Limits on fees and charges","body":"1.  Initial fee.  A debt management service provider may charge to a consumer a reasonable one-time initial or set-up fee in an amount not to exceed $75.\n2.  Service fees.  In addition to the fee set forth in subsection 1, a debt management service provider may assess either of the following fees:\nA.  For a debt management service provider that distributes monthly payments to a consumer's creditor or creditors, a reasonable monthly fee not to exceed $40; or\nB.  For a debt management service provider that acts or offers to act as an intermediary between a consumer and one or more creditors of the consumer for the purpose of adjusting, settling, discharging, reaching a compromise on or otherwise altering the terms of payment of the consumer's obligation, a reasonable fee not to exceed 15% of the amount by which the consumer's debt is reduced as part of each settlement.\n3.  Limitation on excess fees.  A debt management service provider may not charge more than one fee authorized under subsections 1 and 2 on the basis that the consumer has entered into a debt management services agreement for joint obligations of a consumer and a consumer's spouse or other member of the consumer's household.\n4.  Application.  This section does not apply to a debt management service provider located in this State that does not provide debt management services to a consumer who is a resident of this State.","path":["TITLE 32: PROFESSIONS AND OCCUPATIONS","CHAPTER 80-A: DEBT MANAGEMENT SERVICES"],"source_url":"https://legislature.maine.gov/statutes/32/title32sec6174-A.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:37Z","sha256":"501ab0e56da46e6fc096d356f84af37ed1a08d77bc2c4c5b43f4ffc966f60fc8","source_id":"us-me","stale":false,"prev":"us-me/32-m.r.s.-6174","next":"us-me/32-m.r.s.-6174-b"},"notice":"GroundRules: Original legal text. Not legal advice."}