TITLE 18 DEBTOR AND CREDITOR

Section 5. Debt Adjustment, 18-5-1 through 18-5-5.

ARTICLE 4 GARNISHMENT FORMS

THIRD-PARTY CLAIM Personally appeared ______________________________, who on oathsays

18-5-3.2. Timing of disbursements to appropriate creditors; trust account required.

1. Any person engaged in debt adjusting shall disburse to the appropriate creditors all funds received from a debtor, less any fees authorized by this chapter, within 30 days of receipt of such funds.
2. Any person engaged in debt adjusting shall maintain a separate trust account for the receipt of any and all funds from debtors and the disbursement of such funds on behalf of debtors.

(Code 1981, §18-5-3.2, enacted by Ga. L. 2003, p. 392, § 5.)