Section 20.15.975. Collection costs.

Latest version.

The borrower or cosigner, if any, shall pay the costs incurred in the collection of a delinquent loan. Costs of collection may include  
		(1) court filing costs;  
		(2) attorney fees;  
		(3) for a loan transferred to a collection agency, the fees charged by that agency; and  
		(4) for a loan that has not been transferred to a collection agency, a monthly late fee of $15 while the loan is 45 or more days past due or in default.

Authorities

14.43.105;14.43.120;14.43.320;14.43.630;14.43.640;14.43.730;14.43.740

Notes

Reference

20 AAC 14.205
20 AAC 15.730

Authority
 AS 14.43.105  
AS 14.43.120  
AS 14.43.320  
AS 14.43.630  
AS 14.43.640  
AS 14.43.730  
AS 14.43.740  
History Eff. 12/4/96, Register 140; am 3/15/98, Register 145; am 4/20/2000, Register 154

                    
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