Nebraska § 76-2716 - Foreclosure consultant; prohibited acts.
Full text of Nebraska Revised Statutes of Nebraska § 76-2716 — Foreclosure consultant; prohibited acts., with citation guidance and answers to common questions.
§ 76-2716. Foreclosure consultant; prohibited acts.
A foreclosure consultant shall not:
(1) Claim, demand, charge, collect, or receive any compensation until after the foreclosure consultant has fully performed each and every service the foreclosure consultant contracted to perform or represented that the foreclosure consultant would perform;
(2) Claim, demand, charge, collect, or receive any interest or any other compensation for a loan that the foreclosure consultant makes to the homeowner that exceeds the prime rate published by the Federal Reserve Board at the time of any loan plus two percentage points, with the total interest rate not to exceed eight percent per year;
(3) Take a wage assignment, a lien of any type on real or personal property, or any other security to secure the payment of compensation;
(4) Receive any consideration from a third party in connection with foreclosure consulting services provided to a homeowner unless the consideration is first fully disclosed in writing to the homeowner;
(5) Acquire an interest, directly, indirectly, or through an associate, in the real or personal property of a homeowner with whom the foreclosure consultant has contracted;
(6) Obtain a power of attorney from a homeowner for any purpose other than to inspect documents as provided by law; or
(7) Induce or attempt to induce a homeowner to enter into a foreclosure consulting contract that does not comply in all respects with sections 76-2713 to 76-2718.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 76-2716
What does Revised Statutes of Nebraska § 76-2716 cover?
Section 76-2716 ("Foreclosure consultant; prohibited acts.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 76-2716?
A common citation format is "Revised Statutes of Nebraska § 76-2716" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 76-2716 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.