CHICAGO–(ENEWSPF)–March 17, 2011. A new law that establishes stringent guidelines and enhances consumer protections for Illinois families that seek help paying overdue bills took effect earlier this month. The Debt Settlement Consumer Protection Act, for the first time, creates a fund to pay restitution to consumers who have lost money through a debt settlement provider.
“Unscrupulous debt settlement companies have, in the past, targeted debt stricken families and enticed them to make payments toward a…
