A debt cancellation agreement (DCA) is an agreement that the holder of a retail installment contract will cancel a specified amount owed on the contract if the vehicle is stolen or totaled. Some DCAs require that the retail buyer maintain insurance on the vehicle. A DCA that requires a retail buyer to maintain insurance must be submitted to our agency for review.  The OCCC has 45 days to approve or disapprove this type of DCA form after they are submitted to the agency.   As of May 5, 2016, there is a $250 nonrefundable filing fee for each DCA.

Submission Procedures

Before submitting the agreement, we encourage you to read the OCCC's advisory bulletin, "Review of Debt Cancellation Agreements Requiring Insurance”.

The submission process involves two steps. First, e-mail a completed copy of the Submission Form (found below) and an Abode Acrobat (pdf) “clean” version of the DCA document to DebtCancellationForms@occc.texas.gov. Second, mail the completed Submission Form along with your check for the $250 nonrefundable filing fee, and, if desired, a copy of the debt cancellation agreement to:

Office of Consumer Credit Commissioner
2601 N. Lamar Blvd.
Austin, TX 78705

The submission is not considered complete until both the nonrefundable filing fee and debt cancellation agreement are received by our agency.

Submission Forms (choose 1):
Debt Cancellation Submission Form (Word)
Debt Cancellation Submission Form (PDF)

Listing of Approved Debt Cancellation Agreements (as of 5/4/16)

Spreadsheet (Sortable)
PDF (Non-Sortable)

For further questions about debt cancellation agreements, please contact William Purce at 512.936.7626 or email william.purce@occc.texas.gov.