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When placed with a law firm for legal litigation can they still charge interest?
Wiki User
∙ 13y ago
Assuming you are talking about a debt that is being collected from you, yes.
Wiki User
∙ 13y ago
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If something has been sent to collection can the collection agency charge you interest?
If the original creditor charged interest then the collection agency will continue to accrue interest at either your states legal rate or whatever you agreed to in the original contract until the debt is either paid or sold to another collection agency or placed with an attorneys firm for legal litigation.
Can you charge interest on interest in the sate of MA Someone is sending me a bill with an interest charge on it and now theyre charging interest on the interest Is this possible or even legal?
no, its called usury and its illegal
Can a buy here pay here car dealer charge you interest?
This is on a car, and you are not paying the balance of the price of the car in full, then yes. You are buying on installments. It is common financial practice and has been for about the past three thousand years to charge interest. Legal, ethically, and morally they can charge you interest. Where it becomes still legal but less ethical or moral is the amount of interest they charge you.
Corporate Litigation?
Litigation refers to the process of a legal case going through the court system. Corporate litigation refers to a corporation, such as a business suing or being sued, moving foward through the legal system. Corporate litigation refers to the ongoing legal proceedings for a business.
What is the percent per month they can charge in interest?
Whatever they want to charge. The only legal requirement is that they have tomake sure that you know the interest rate before you borrow the money.
How much interest is legal to charge for buying a vacuum?
If you buy it outright, there is no interest charged. if you finance it, laws on this vary by jurisdiction.
What is the legal maximum interest rate that a small business can charge for a past due account?
In Wisconsin, what is the maximum allowable monthly interest rate I can charge customers who are delinquent in their bills?
What Is The Bringing Of a legal action with malice and without probable cause?
Vexatious Litigation or Unfounded Litigation
What is the highest legal interest rate for a car loan?
what is the highest interest rate a car dealer can charge on an auto loan in sc?
What is the role of a legal practitioner?
The role of a legal practitioner is to use his legal skills in the litigation process.
What interest rate does a moneylender charge for lending you money?
The highest rate that they can get away with. There are legal limits, and if they charge too much, no one will do business with them.
What is another word for lawsuit?
Legal action.
