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State Statutes - Idaho - Title 28 - Chapter 45 - 28-45-107
Idaho Statutes
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28-45-107 - DEFAULT
An agreement of the parties to a regulated consumer
credit transaction with respect to default on the part of the debtor is
enforceable only to the extent that:
(1) The debtor fails to make a payment as required by agreement; or
(2) The prospect of payment, performance, or realization of collateral is
significantly impaired; the burden of establishing the prospect of significant
impairment is on the creditor.
 
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