(a) Award.--Reasonable attorney fees and costs shall be awarded to the prevailing party in an action on a closed-end credit agreement or an open-end credit agreement, regardless of whether the action is instituted by the seller, holder or buyer.
(b) Agreement.--A seller may provide for the payment of attorney fees and costs under subsection (a) in an agreement signed by the buyer, if a copy of the agreement is given or furnished to the buyer.
(c) Definition.--For purposes of this section, a defendant is deemed to be a prevailing party if both of the following occur:
(1) The defendant:
(i) Alleges in its answer that it tendered to the plaintiff the full amount to which the plaintiff was entitled.
(ii) Deposits the amount with the court.
(2) The allegation in paragraph (1)(i) is found to be true.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Chapter 63 - Goods and Services Installment Sales
Section 6301 - Scope of chapter
Section 6305 - Prohibited activities and provisions
Section 6308 - Attorney fees and costs
Section 6309 - Repossession; acceleration; right to cure
Section 6312 - Discharge of obligation
Section 6313 - Prepayment of obligation
Section 6314 - Acknowledgment of payment in full
Section 6323 - Copy of agreement
Section 6324 - Agreement resulting from telephone or mail communications
Section 6325 - Purchase money loan; notice
Section 6326 - Statement to buyer
Section 6328 - New payment schedule
Section 6333 - Applicability and effect of subchapter
Section 6344 - Costs of collection
Section 6345 - Finance charges
Section 6346 - Costs from nonaffiliated entity
Section 6347 - Extension and deferment
Section 6348 - Interest rate after maturity
Section 6351 - Willful and intentional violations
Section 6352 - Noncompliance; costs and charges