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25,400 statutes · page 1253 of 1270
United States — Maine legislation
20 statutes shown from 25,400 source-backed records
This Part applies to actions or other proceedings enforcing rights from consumer credit transactions, and also to extortionate extensions of credit under section 5-107.
1. This section applies to any consumer credit sale of goods or services and to any supervised loan. [PL 1973, c. 762, §1 (NEW).] 2. If a creditor takes possession of or voluntarily accepts surrender of goods in which that creditor has a
Before judgment, the creditor may not use attachment, garnishment, or similar proceedings to get an interest in the debtor’s property in a consumer-credit debt action.
Limits how much of a person’s disposable earnings may be garnished to enforce a consumer-credit judgment.
An employer may not fire an employee because the employee’s unpaid earnings were subjected, or attempted to be subjected, to garnishment or similar proceedings aimed at the employer to satisfy a judgment from a consumer credit transaction.
A credit extension is unenforceable in civil court against the consumer if both sides understood that nonpayment could lead to violence or other criminal harm.
In a consumer credit transaction, if a court finds an agreement or clause unconscionable, it may refuse enforcement or limit the clause; the parties must be given a reasonable chance to present evidence.
A default clause in a consumer credit transaction is enforceable only if the consumer misses required payments or the collateral/payment prospect is significantly impaired.
A creditor may send a cure notice after a consumer has been 10 days in default on a consumer credit transaction, if the consumer has not voluntarily surrendered collateral.
A creditor usually cannot speed up a consumer credit debt, repossess collateral, or cancel insurance-premium-loan coverage immediately after a missed payment default; the consumer can cure by paying the overdue sums plus charges within the stated period.
After a consumer default, a creditor may take collateral without court process only if the collateral can be recovered without entering a dwelling and without force or a breach of the peace, unless post-default entry was authorized. If the consumer voluntarily surrenders the collateral, the limiting clause does not app
Venue for certain consumer-credit actions is limited to specified counties or divisions, with an optional removal right for the consumer.
The court may stay enforcement of a judgment against a consumer in a consumer credit case, for cause and on motion or on its own initiative, while it still has jurisdiction.
A creditor or someone acting for a creditor may not use a material misrepresentation to induce a consumer into a consumer credit transaction.
Health care providers must tell consumers about available payment arrangements for health care debt, and payment plans must let consumers reasonably cure a defaulted debt under the provider’s terms.
1. In attempting to collect an alleged debt arising from a consumer credit sale, consumer lease or consumer loan, a person shall not: A. Use or threaten force or violence; [PL 1973, c. 762, §1 (NEW).] B. Threaten criminal prosecution; [PL
A seller may not misrepresent material facts, create false impressions, or make promises of performance the seller does not intend or knows will not be performed.
This section prohibits certain consumer loan transactions and related payment processing unless the lender complies with Article 2, Part 3 or is otherwise exempt.
1. If a creditor has violated the provisions of this Act applying to collection of excess charges or enforcement of rights, section 1‑201, subsection 5, waiver clauses, section 1‑107, use of multiple agreements, section 3‑304, certain
A consumer may set off refunds or penalties owed to the consumer under this Part against the consumer's obligation.
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