2019 US Virgin Islands Code
Title 12A - Consumer Code
Chapter 7 - Uniform Debt Services Management
§ 426. Termination of agreements
Universal Citation: V.I. Code tit. 12A, § 426 (2019)
(a) If an individual who has entered into an agreement fails for 60 days to make payments required by the agreement, a provider may terminate the agreement.
(b) If a provider or an individual terminates an agreement, the provider shall immediately return to the individual:
(1) any money of the individual held in trust for the benefit of the individual; and
(2) 65 percent of any portion of the set-up fee received pursuant to section 423(d)(2) which has not been credited against settlement fees.
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