Washington § 18.28.100 - Contract requirements.

Full text of Washington Revised Code of Washington § 18.28.100 — Contract requirements., with citation guidance and answers to common questions.

§ 18.28.100. Contract requirements.

Every contract between a debt adjuster and a debtor shall:
(1) List every debt to be handled with the creditor's name and disclose the approximate total of all known debts;
(2) Provide in precise terms payments reasonably within the ability of the debtor to pay;
(3) Disclose in precise terms the rate and amount of all of the debt adjuster's charges and fees;
(4) Disclose the approximate number and amount of installments required to pay the debts in full;
(5) Disclose the name and address of the debt adjuster and of the debtor;
(6) Provide that the debt adjuster shall notify the debtor, in writing, within five days of notification to the debt adjuster by a creditor that the creditor refuses to accept payment pursuant to the contract between the debt adjuster and the debtor;
(7) Contain the following notice in ten point boldface type or larger directly above the space reserved in the contract for the signature of the buyer: NOTICE TO DEBTOR:
(a) Do not sign this contract before you read it or if any spaces intended for the agreed terms are left blank.
(b) You are entitled to a copy of this contract at the time you sign it.
(c) You may cancel this contract within three days of signing by sending notice of cancellation by certified mail return receipt requested to the debt adjuster at his or her address shown on the contract, which notice shall be posted not later than midnight of the third day (excluding Sundays and holidays) following your signing of the contract; and
(8) Contain such other and further provisions or disclosures as are necessary for the protection of the debtor and the proper conduct of business by the debt adjuster.
[ 1999 c 151 s 104; 1979 c 156 s 5; 1967 c 201 s 10.]

Notes

Part headings not law—Effective date—1999 c 151: See notes following RCW 18.28.010.
Effective date—Severability—1979 c 156: See notes following RCW 18.28.010.

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Frequently Asked Questions About Washington § 18.28.100

What does Revised Code of Washington § 18.28.100 cover?

Section 18.28.100 ("Contract requirements.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 18.28.100?

A common citation format is "Revised Code of Washington § 18.28.100" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 18.28.100 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.