(a) Any waiver by any consumer of any protection provided by or any right of the consumer under this Act:
         (1) shall be treated as void; and

Terms Used In Illinois Compiled Statutes 225 ILCS 429/150

  • Contract: A legal written agreement that becomes binding when signed.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

         (2) may not be enforced by any federal or State court
    
or any other person.
    (b) Any attempt by any person to obtain a waiver from any consumer of any protection provided by or any right or protection of the consumer or any obligation or requirement of the debt settlement provider under this Act shall be a violation of this Act.
     (c) Any contract for debt settlement service that does not comply with the applicable provisions of this Act:
         (1) shall be treated as void; and
         (2) may not be enforced by any federal or State court
    
or any other person; and
    Upon notice of a void contract, a refund by the debt settlement provider to the consumer shall be made as if the contract had been cancelled as provided in Section 135 of this Act.
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