CHAPTER 395
An Act to amend the Code of Virginia by adding in Title 8.01 a chapter numbered 17.4, consisting of sections numbered 8.01-465.26 through 8.01-465.34 , relating to Uniform Consumer Debt Default Judgments Act established.
[H 444]
Approved April 8, 2026
Be it enacted by the General Assembly of Virginia:
1. That the Code of Virginia is amended by adding in Title 8.01 a chapter numbered 17.4, consisting of sections numbered 8.01-465.26 through 8.01-465.34 , as follows:
CHAPTER 17.4.
UNIFORM CONSUMER DEBT DEFAULT JUDGMENTS ACT.
§ 8.01-465.26 . Definitions.
For purposes of this chapter, unless the context requires a different meaning:
"Charge off" means a creditor's removal of a consumer debt as an asset from the creditor's financial records.