Unlawful debt means any money or other thing of value constituting principal or interest

Unlawful debt means a debt (A) incurred or contracted in gambling activity which was in violation of the law of the United States, a State or political subdivision thereof, or which is unenforceable under State or Federal law in whole or in part as to principal or interest because of the laws relating to usury, and (B) which was incurred in connection with the business of gambling in violation of the law of the United States, a State or political subdivision thereof, or the business of lending money or a thing of value at a rate usurious under State or Federal law, where the usurious rate is at least twice the enforceable rate;

Unlawful debt means any money or other thing of value constituting principal or interest of a debt that is legally unenforceable in the state in whole or in part because the debt was incurred or contracted:

Examples of Unlawful debt in a sentence

Unlawful debt collection can damage consumers’ finances and harm them in other ways.
Unlawful debt is defined as “a debt (A)...which is unenforceable under State...law in whole or in part as to principal or interest because of the laws relating to usury, and (B) which was incurred in connection with...the business of lending money...at a rate usurious under State...law, where the usurious rate is at least twice the enforceable rate.” Id.§ 1961(6).
Unlawful debt means a debt which was incurred or contracted in gambling activity which was in violation of the law of the United States, a state or political subdivision or which is unenforceable under state or federal law in whole or in part as to principal or interest because of the laws relating to usury.12The fifth element that the State must prove beyond a reasonable doubt is that defendant acted purposely or knowingly.
Unlawful debt collection practices ORS 646.639A person commits an unlawful debt collection practice if the person, who in the course of their business, vocation or occupation, engages in abusive, unfair, and deceptive actions to collect debt.
Actions for violation of laws relating to odometers are provided under ORS 815.410 and 815.415.646.639 Unlawful debt collection prac- tices.

More Definitions of Unlawful debt

Unlawful debt means a debt

Unlawful debt means any money or other thing of value

Unlawful debt means any money or other thing of value constituting principal or interest of a debt that is legally unenforceable in this state in whole or in part because the debt was incurred or contracted in violation of any federal or state law relating to the business of gambling activity or relating to the business of lending money at an usurious rate unless the creditor proves, by a preponderance of the evidence, that the usurious rate was not intentionally set and that it resulted from a good faith error by the creditor, notwithstanding the maintenance of procedures that were adopted by the creditor to avoid an error of that nature.

Unlawful debt means a debt (A) . . . which is unenforceable under State or Federal law in whole or in part as to principal or interest because of the laws relating to usury, and (B) which was incurred in connection with . . . the business of lending money or a thing of value at a rate usurious under State or Federal law, where the usurious rate is at least twice the enforceable rate . . . .

Unlawful debt means any money or other thing of value constituting principal or interest of a debt that is unenforceable in the courts of Oklahoma, because the debt was incurred or contracted in violation of a law relating to the business of gambling activity or in violation of federal or state law but does not include any debt owed to a bank, savings and loan association, credit union or supervised lender licensed by the Oklahoma Administrator of Consumer Credit or to any debt referred or assigned to a debt collection agency, which referral or assignment is accepted in good faith by the debt collection agency as a debt collectible under the Uniform Commercial Code or other laws of this state and enforceable in the courts of this state.

Unlawful debt. ’ means a debt (A) in-

Unlawful debt means a debt incurred or contracted in an illegal gambling activity or business; or a debt which is unenforceable under State law, in whole or in part, as to either principal or interest.