63A-3-502.5. Debtor's online access to debt amount.

218 words·~1 min read·/ut/title-63a/chapter-3/63a-3-502-5·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/4/2022

(1)As used in this section, "debt" means:

(a)an accounts receivable; or

(b)a criminal accounts receivable.

(2)On or before December 31, 2022, the office shall provide a debtor who has a debt transferred to the office online access to the debtor's account that identifies:

(a)the total balance the debtor owes for a debt;

(i)each person to whom the debtor owes a debt; or

(ii)if the person's name is redacted by a court or a state agency with authority to redact, another identifier for the debt in place of the person's name;

(c)for each person the debtor owes:

(i)the debtor's original balance for a debt; and

(ii)the debtor's current balance for a debt;

(d)the current interest rate for a debt; and

(e)the history of:

(i)any additional charge added to a debt including:

(A)the reason for the charge;

(B)the total amount of the charge; and

(C)the date the charge was added; and

(ii)any payment made by the debtor including:

(A)the debt to which a payment was applied; and

(B)whether the payment was applied to an administrative cost, accrued interest, the principal, or other fee.

Enacted by Chapter 323 , 2022 General Session