(1) Prior to obtaining a debtor‘s personal information, a debt adjuster shall provide a clear and conspicuous disclosure to the debtor of the debt adjuster’s policies and practices with respect to:
(a) Disclosing the debtor’s personal information to others, including the categories of personal information that may be disclosed;

Terms Used In Kentucky Statutes 380.090

  • Debt adjuster: means a person engaged in the business of debt adjusting. See Kentucky Statutes 380.010
  • Debtor: means an individual who resides in Kentucky and is indebted to a creditor or creditors, including two (2) or more individuals who are jointly and severally, or jointly or severally, indebted to a creditor or creditors. See Kentucky Statutes 380.010
  • Personal information: means any information:
    1. See Kentucky Statutes 380.010

(b) Disclosing the personal information of persons for whom the debt adjuster is no longer providing a debt-adjusting service or product; and
(c) Protecting the debtor’s personal information.
(2) The disclosure required by this section shall also be provided to the debtor at least annually while the debt adjuster is providing debt-adjusting services or products to the debtor.
Effective: July 15, 2010
History: Created 2010 Ky. Acts ch. 86, sec. 9, effective July 15, 2010.

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