Ohio Revised Code

Ohio Rev. Code § 4710.01 (2026)

Debt pooling company definitions

✓ laws through the 2026 session (checked Sept. 2026)
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As used in this chapter:

(A) "Person" includes individuals, partnerships, associations, corporations, trusts, and other legal entities.

(B) "Debt adjusting" means doing business in debt adjusting, budget counseling, debt management, or debt pooling service, or holding oneself out, by words of similar import, as providing services to debtors in the management of their debts, to do either of the following:

(1) To effect the adjustment, compromise, or discharge of any account, note, or other indebtedness of the debtor;

(2) To receive from the debtor and disburse to the debtor's creditors any money or other thing of value.

(C) "Resides" means to live in a particular place on a temporary or a permanent basis.

Notes of Decisions
Cited in 1 case, 2014–2014 · leading case: Helbling v. Ward, 2014-Ohio-1513.
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Helbling v. Ward, 2014-Ohio-1513. “In her complaint, Helbling alleged that the various Ward defendants, in a joint venture with Silverleaf, advertised their debt settlement services in Ohio and engaged in fraudulent, abusive, deceptive, and unfair practices in Ohio in violation of the Debt Adjustment Act, R.C.…”
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