Attorney General Opinion No.

W. Newton Male Bank Commissioner Office of the State Bank Commissioner 700 Jackson, Suite 300 Topeka, Kansas 66603-3714

Dear Commissioner Male:

As Bank Commissioner you request our opinion on whether businesses which offer bi-weekly mortgage payment plans violate K.S.A. 21-4402, which prohibits debt adjusting. Specifically, you ask whether the fact that these mortgage payment plans direct payments to only one creditor places these plans outside the scope of K.S.A. 21-4402; whether the type of fee charged or the individual's failure to pay the fee places these mortgage payment plans outside the…