Debt Settlement Protection Act
Long title not yet sourced from the legislative registry.
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- Introduced
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- Royal assent
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Legislative timeline
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Bill overview
Bill NS53, “Debt Settlement Protection Act”, is a Nova Scotia bill from session assembly-61-session-4.
Its latest recorded status is “Introduced”.
This overview is written automatically from the registry and vote records on this page and updates when they sync. It describes the bill's path, not its merits.
PLAIN-LANGUAGE SUMMARY
What you need to know
This bill, the Debt Settlement Protection Act, is currently at First Reading in the Nova Scotia assembly. It aims to establish rules for debt settlement companies operating in the province, requiring them to register and meet certain standards to protect consumers. The bill would also set out penalties for non-compliance and create a process for resolving disputes between debtors and debt settlement companies.
AI-generated from official records and reviewed against our editorial guardrails.
Key provisions
- 01This Act may be cited as the Debt Settlement Protection Act.
- 02The Minister of Service Nova Scotia is responsible for the administration of this Act.
- 03A person must not engage in debt settlement services without being registered under this Act.
- 04A person who is registered under this Act must comply with the regulations made under this Act.
- 05The Governor in Council may make regulations respecting the registration of debt settlement service providers.
Vote roll
No division has been recorded for this bill yet.