Consumer Credit Counseling Service of Maryland and Delaware, Inc. d/b/a Guidewell Financial Solutions; The petition sought a declaratory statement from the Office on whether Petitioner's business activities (of assisting consumers with Debt ...

 

DEPARTMENT OF FINANCIAL SERVICES

Finance

NOTICE IS HEREBY GIVEN that the Office of Financial Regulation has declined to rule on the petition for declaratory statement filed by Consumer Credit Counseling Service of Maryland and Delaware, Inc. d/b/a Guidewell Financial Solutions on April 26, 2016. The following is a summary of the agency’s declination of the petition:

The petition sought a declaratory statement from the Office on whether Petitioner’s business activities (of assisting consumers with Debt Management Plans (DMP), where consumers enter into DMP agreements with Petitioner, and through a specific payment processing platform, disburses funds to Creditors) fall within Florida’s money transmitting licensing statute Chapter 560, Florida Statutes. April 26, 2016 - Final Order denying the Petition for Declaratory Statement issued; (a declaratory statement is not available to Petitioner because it is seeking approval of acts which may have already occurred, and may be currently ongoing.)

A copy of the Order Declining of the Petition for Declaratory Statement may be obtained by contacting: Agency Clerk, Office of Financial Regulation, P.O. Box 8050, Tallahassee, Florida 32314-8050, (850410-9643, [e-mail] or online at:

https://real.flofr.com/ConsumerServices/SearchLegalDocuments/LDSearch.aspx#/searchLegalDocuments.