Makes certain for-profit debt adjusters eligible for licensing to conduct business in State.

This bill allows for-profit businesses to become licensed debt adjusters in New Jersey for the first time, subject to two key conditions: they cannot handle consumer funds directly, and must comply with federal debt adjustment regulations (16 C.F.R. 310.4). It amends existing law to explicitly include "for-profit debt adjusters" as a licensable category, replacing the previous restriction that only nonprofit agencies could provide these services. The bill also removes bonding, annual financial reporting, and audit requirements that applied to nonprofits but not to for-profit entities. This directly affects for-profit debt adjustment businesses seeking to legally offer debt settlement services in the state.