UDMSA & Debt Settlement Trade Associations
Due to the rise of debt settlement as a debt relief alternative to bankruptcy, groups working in the industry established trade associations to help secure industry standards that will protect consumers against unethical business practices. These trade associations were also established to lobby state governments to adopt the recommendations of the UDMSA. The two major trade associations are the United States Organization for Bankruptcy Alternatives (USOBA), and The Association of Settlement Companies (TASC) .
These organizations publish on their websites information about the UDMSA, debt settlement and the debt settlement industry.
Read more about this topic: Uniform Debt-Management Services Act
Famous quotes containing the words debt, settlement, trade and/or associations:
“This is the debt I pay
Just for one riotous day,”
—Paul Laurence Dunbar (1872–1906)
“Free from public debt, at peace with all the world, and with no complicated interests to consult in our intercourse with foreign powers, the present may be hailed as the epoch in our history the most favorable for the settlement of those principles in our domestic policy which shall be best calculated to give stability to our Republic and secure the blessings of freedom to our citizens.”
—Andrew Jackson (1767–1845)
“I have no doubt that they lived pretty much the same sort of life in the Homeric age, for men have always thought more of eating than of fighting; then, as now, their minds ran chiefly on the “hot bread and sweet cakes;” and the fur and lumber trade is an old story to Asia and Europe.”
—Henry David Thoreau (1817–1862)
“Wild as it was, it was hard for me to get rid of the associations of the settlements. Any steady and monotonous sound, to which I did not distinctly attend, passed for a sound of human industry.... Our minds anywhere, when left to themselves, are always thus busily drawing conclusions from false premises.”
—Henry David Thoreau (1817–1862)