Powers of Agencies

An agency shall have the powers and privileges: COL120106 CH. 7 NONPROFIT CONSUMER CREDIT COUNSELING AGENCIES

(1)to provide specialized credit counseling service to individuals of the general public in the area of consumer credit;

(2)to handle moneys or other property as agent or act as trustee in relation to the care, custody or management of such moneys or property for individual debtors being counseled;

(3)to act as trustees or other statutory agent or representative in bankruptcy or state wage earner, garnishment or similar proceedings, and to receive and distribute moneys or other property to be paid or distributed in the proceedings;

(4)to charge reasonable fees in accordance with this Chapter for services rendered or to be rendered to individual debtors, including, but not limited to, meetings or communications with debtors' creditors or employers, appearances before judicial or other official bodies and receipt, care and distribution of debtors' income and other assets;

(5)to accept such assignments of wages of a debtor as are authorized or permitted under the laws of this Territory;

(6)to publicize its services to the public;

(7)to conduct group counseling services and educational programs with or without charge on matters involving consumer credit;

(8)to disseminate information relating to consumer credit; and

(9)to solicit and accept contributions.