(a) If an individual who has entered into an agreement fails for 60 days to make payments required by the agreement, a provider may terminate the agreement.
(b) If a provider holds money on behalf of a debtor to pay creditors and a provider or an individual terminates an agreement, the provider shall immediately return to the individual:
(1) Any money of the individual held in trust for the benefit of the individual; and
(2) Sixty-five percent of any portion of the set-up fee received pursuant to § 2423A(d)(2) of this title which has not been credited against settlement fees.
(c) If a provider does not hold money on behalf of a debtor to pay creditors and if a provider or an individual terminates an agreement, the provider shall immediately return to the individual 65 percent of fees associated with that percentage of the principal amount remaining unsettled at the time of termination.
Structure Delaware Code
Chapter 24A. DEBT-MANAGEMENT SERVICES
§ 2403A. Exempt agreements and persons.
§ 2405A. Application for license — Form, fee, and accompanying documents.
§ 2406A. Application for license — Required information.
§ 2407A. Application for license — Obligation to update information.
§ 2408A. Application for license — Public information.
§ 2409A. License — Issuance or denial.
§ 2412A. License in another state.
§ 2414A. Bond required — Substitute.
§ 2415A. Requirement of good faith.
§ 2417A. Prerequisites for providing debt-management services.
§ 2418A. Communication by electronic or other means.
§ 2419A. Form and contents of agreement.
§ 2420A. Cancellation of agreement; waiver.
§ 2423A. Fees and other charges.
§ 2424A. Voluntary contributions.
§ 2426A. Termination of agreements.
§ 2427A. Periodic reports and retention of records.
§ 2428A. Prohibited acts and practices.
§ 2429A. Notice of litigation.
§ 2431A. Liability for the conduct of other persons.
§ 2432A. Powers of Attorney General.
§ 2433A. Administrative remedies.
§ 2434A. Suspension, revocation, or nonrenewal of license.
§ 2436A. Violation of unfair or deceptive practices statute.
§ 2437A. Statute of limitations.
§ 2438A. Uniformity of application and construction.
§ 2439A. Relation to Electronic Signatures in Global and National Commerce Act.