Utah Code 53B-14-102. Mailing of notice of default — Contents of notice
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(1) Upon default in payment of a student loan or an installment payment on a student loan, the entity responsible for collecting the loan may send a notice, by certified mail, to the borrower at the borrower’s last known address.
Terms Used In Utah Code 53B-14-102
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Board: means the Utah Board of Higher Education described in Section 53B-1-402. See Utah Code 53B-1-101.5
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2) The notice shall state the following:
(2)(a) the date and amount of the loan;
(2)(b) the balance of the loan;
(2)(c) the amount of delinquent installments and the dates they were due;
(2)(d) a demand for immediate payment of delinquent installments;
(2)(e) the right of the borrower to file a written response to the notice, to have a hearing, to be represented at the hearing, and to appeal any decision of the hearing examiner;
(2)(f) the time within which a written response must be filed; and
(2)(g) the power of the college, university, or board upon the failure of the borrower to respond or upon a decision of the hearing examiner adverse to the borrower, to obtain an order under this chapter and to execute upon income tax overpayments or refunds of the borrower.