Debt Adjusting Business: Hearings Before Subcommittee No. 5...90-1 H.R. 8928, H.R. 9806, September 14, 15, 1967 |
常見字詞
abuses adjustor advertising agency American Finance Corporation amount applicant Association of Credit attorney Better Business Bureau bill bond Broyhill budget planning business of debt California Central Charge Chairman Chapter 13 client commercial debt committee consumer credit contract counseling service counselors Credit Advisors credit counselling Credit Union creditors customers debt adjusting business debt consolidator debt counselling debt counsellors debt management debt poolers debt pooling debtor director District of Columbia employee enacted engaged exemption filing Finance Company firms garnishment Hecht Company HOLLAND Household Finance Corporation Hub Furniture Company Illinois indebtedness individual industry Kansas KNEIPP legislation licensee loan companies ment MIRIAM OTTENBERG non-profit operation outlaw paid payment percent person practice of law pro-rater problems professional debt prohibiting the business RABINOWITCH record regulate the business regulatory Roebuck & Company Sears Sears Roebuck SISK Skrupa statement statute tion Washington WHITENER Woodward & Lothrop
熱門章節
第 1 頁 - Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That as used in this Act, the term
第 86 頁 - Any fact or condition exists which, if it had existed at the time of the original application for such license, clearly would have warranted the commissioner in refusing originally to issue such license.
第 67 頁 - The doctrine that prevailed in Lochner, Coppage, Adkins, Burns, and like cases — that due process authorizes courts to hold laws unconstitutional when they believe the legislature has acted unwisely — has long since been discarded. We have returned to the original constitutional proposition that courts do not substitute their social and economic beliefs for the judgment of legislative bodies, who are elected to pass laws.
第 85 頁 - For the purpose of discovering violations of this act or securing information lawfully required by him hereunder, the commissioner may at any time, either personally or by a person or persons duly designated by him, investigate the loans and business and examine the books, accounts, records, and files used therein, of every licensee and of every person...
第 67 頁 - US 525, 569, that the notion that a business is clothed with a public interest and has been devoted to the public use is little more than a fiction intended to beautify what is disagreeable to the sufferers. The truth seems to me to be that, subject to compensation when compensation is due, the legislature may forbid or restrict any business when it has a sufficient force of public opinion behind it.
第 83 頁 - The application shall contain the name of the applicant; date of incorporation, if incorporated; the address where the business is or is to be conducted and similar information as to any branch office of the applicant; the name and resident address of the owner or partners or, if a corporation or association, of the directors, trustees and principal officers, and such other pertinent information as the Commissioner may require.
第 66 頁 - Under the system of government created by our Constitution, it is up to legislatures, not courts, to decide on the wisdom and utility of legislation.
第 83 頁 - It shall be unlawful for any person to engage in the business of credit counselling or financial management without a license, except those exempted in Section IB.
第 2 頁 - ... the financial responsibility, experience, character, and general fitness of the applicant, and of the members thereof if the applicant be a copartnership or association, and of the officers and directors thereof if the applicant be a corporation, are such as to command the confidence of the community...
第 37 頁 - ... invidious discrimination" which offends the Constitution. The business of debt adjusting gives rise to a relationship of trust in which the debt adjuster will, in a situation of insolvency, be marshalling assets in the manner of a proceeding in bankruptcy. The debt adjuster's client may need advice as to the legality of the various claims against him, remedies existing under state laws governing debtor-creditor relationships, or provisions of the Bankruptcy Act — advice which a non-lawyer cannot...