N.Y. BNK Law § 584-A

§ 584-a. Contracts with debtors; fees. Each licensee shall submit to\nthe department any form of written contract it intends to use between\nitself and such debtor. Such form contract shall, at minimum, make\nprovision for the following information:\n 1. a complete list of the debtor's obligations to be adjusted,\nincluding the name of each creditor;\n 2. the total fees agreed to for such services, including any\nadjustments for estimated available rebates from creditors, provided\nthat nothing in this subdivision shall require a licensee to share\nrebates with its clients;\n 3. the commencement and termination date of the contract;\n 4. a pro forma statement of the total fees to be charged, including\nexpected available rebates from creditors, expressed as a percentage of\nthe total obligations, principal and interest to be adjusted under such\ncontract;\n 5. settlement terms in case of cancellation of the contract or\nprepayment of the obligations;\n 6. a notice to the debtor that the debtor may cancel the contract\nuntil midnight of the third business day after the day on which the\ndebtor has signed the contract; and\n 7. the terms under which the payments may be made by the debtor. Upon\nexecution, a copy of such contract shall be immediately furnished to the\ndebtor. Such contract may subsequently be amended to include additional\ncreditors and debtors obligations.\n