UTAH CODE (Last Updated: January 16, 2015) |
Title 12. Collection Agencies |
Chapter 1. General Provisions |
§ 12-1-11. Collection fee.
Latest version.
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(1) As used in this section: (a) "Creditor" is as defined in 15 U.S.C. Sec. 1692a. (b) "Debt" means an obligation or alleged obligation to pay money arising out of a transaction for money, property, insurance, or services. (c) "Debtor" means a person obligated or allegedly obligated to pay a debt. (d) "Third party debt collection agency" means: (i) a debt collector as defined in 15 U.S.C. Sec. 1692a; or (ii) a person who would be a debt collector under 15 U.S.C. Sec. 1692a, except that the person does not use an instrumentality of interstate commerce or the mail. (2) A creditor may require a debtor to pay a collection fee in addition to any other amount owed to the creditor for a debt if: (a) imposing a collection fee on the debtor or in relation to the debt is not prohibited or otherwise restricted by another federal or state law; (b) the creditor contracts with a third party debt collection agency or licensed attorney to collect the debt; (c) the third party debt collection agency with which the creditor contracts is registered under this title; (d) there is a written agreement between the creditor and the debtor that: (i) creates the debt; and (ii) provides for the imposition of the collection fee in accordance with this section; and (e) the obligation to pay the collection fee is imposed at the time of assignment of the debt to a third party debt collection agency or licensed attorney in accordance with an agreement described in Subsection (2)(d). (4) An obligation to pay a collection fee imposed under this section is in addition to any obligation to pay attorney fees that may otherwise exist.
Enacted by Chapter 350, 2010 General Session