Oh. Rev. Code Chapter 4710
The Debt Adjusters Act sets rules for organizations that offer credit repair services, debt counseling, budget management and related services to consumers facing financial difficulties. Requires debt adjusters to file annual financial statement with the Attorney General's Office. Requires debt adjusters to submit funds to creditors within 30 days of receipt, maintain separate trust accounts for these funds, and maintain $100,000 insurance coverage. Prohibits debt adjusters from accepting more than $75 for initial consultation, accepting more than $100 annually for consultation fees or contributions or charging more than 8.5 percent of amount paid by debtor each month or $30, whichever is greater.