Virginia § 54.1-3905 - Furnishing advice and services for compensation in connection with certain debt-pooling plans deemed practicing law
Full text of Virginia Code of Virginia § 54.1-3905 — Furnishing advice and services for compensation in connection with certain debt-pooling plans deemed practicing law, with citation guidance and answers to common questions.
§ 54.1-3905. Furnishing advice and services for compensation in connection with certain debt-pooling plans deemed practicing law
The furnishing of advice or services for compensation to a debtor in connection with a debt-pooling plan pursuant to which the debtor deposits funds for the purpose of distributing them among his creditors, except as authorized for persons licensed pursuant to § 6.2-2005, shall be deemed to be practicing law. Any person or agency not so authorized or who is not a member of the Virginia State Bar who furnishes or offers to furnish such advice or services for compensation shall be in violation of this section. However, it shall not constitute the practice of law merely to make or undertake to make payments to creditors on behalf of debtors, provided any person or agency that does so does not also negotiate with creditors, undertake to negotiate with creditors, or hold itself out as undertaking to negotiate with creditors on behalf of one or more debtors. Any person who violates this section shall be guilty of a Class 1 misdemeanor.
1956, c. 584, § 54-44.1; 1975, c. 645; 1988, c. 765; 1994, c. 567; 2004, c. 790.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 54.1-3905
What does Code of Virginia § 54.1-3905 cover?
Section 54.1-3905 ("Furnishing advice and services for compensation in connection with certain debt-pooling plans deemed practicing law") is part of the Code of Virginia, the codified statutory law of Virginia. 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 Virginia § 54.1-3905?
A common citation format is "Code of Virginia § 54.1-3905" (Virginia). 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 Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 54.1-3905 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia 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 Virginia.