There is a newer version
of
this Section
2017 Kansas Statutes
Chapter 16a CONSUMER CREDIT CODE
Article 2 FINANCE CHARGES AND RELATED PROVISIONS
16a-2-507 (UCCC) Recovery of collection costs and attorney fees.
Universal Citation: KS Stat § 16a-2-507 (2017)
16a-2-507. (UCCC) Recovery of collection costs and attorney fees. With respect to a consumer credit transaction, the agreement may provide for the payment by the debtor of reasonable costs of collection, including, but not limited to, court costs, attorney fees and collection agency fees, except that such costs of collection: (1) May not include costs that were incurred by a salaried employee of the creditor or its assignee; (2) may not include the recovery of both attorney fees and collection agency fees; and (3) shall not be in excess of 15% of the unpaid debt after default. A provision in violation of this section is unenforceable.
History: L. 1973, ch. 85, § 35; L. 1994, ch. 276, § 1; July 1.
Disclaimer: These codes may not be the most recent version. Kansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
