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Can a debt collector add interest fees etc to a debt they have against you in Ohio?
In Ohio, a debt collector can add interest and fees to a debt if the original agreement or contract allows for it. Additionally, state laws may permit reasonable fees associated with the collection process. However, any additional charges must be disclosed to the debtor, and the total amount owed must comply with state regulations regarding interest rates and fees. It's important for debtors to review their contracts and consult legal advice if they believe fees are being improperly applied.
What else can I help you with?
If one collection agency buys your debt and charges interest and then sells it to another debt collector can that new debt collector collect on the old interest?
Yes. The new debt collector bought the entire debt, including interest that was added on. You will be responsible for the entire debt.
Can a debt collector add interest fees etc to a debt they have against you in NY?
Yes, New York allows a debt collector to add interest on a collection debt. For more information please visit www.OntrackFinancialGroup.com Ontrack Financial Group llc 888-686-6834
Can an Ohio debt collector garnish your spouses income in Michigan if the debt was originated in Michigan-Are they bound to Ohio law or Michigan law?
The rule is the debt collector is bound by the laws of the state the collection action is being taken in. If the debt collector is not licensed or authorized in that state, it cannot legally act to collect the debt. Check with your state agency that licenses debt collectors. The debt collector can retain a local attorney to collect the debt, of course, and that would be under Michigan Law.
Can debt collector charge interest?
Only if you state allows it
Is it against the law for a debt collector to call you on Sunday in Kansas?
No.
Can a debt collector place a lien against your car?
yes
What is the limit on the amount of interest a third party debt collector can charge?
Can a law firm charge interest that is more than the debt in new york city
How long can a debt collection agency sue you in Ohio?
In Ohio, the statute of limitations for debt collection lawsuits is six years for most types of debts. After this time period has passed, the debt collector cannot legally sue you to collect the debt.
Can a debt collector charge you more than your original debt in Texas?
Only if interest is provided for in the instrument creating the debt. If the creditor tries to charge interest to which a debtor did not agree, then that constitutes usury and can, in some instances, wipe out the debt altogether. In some states, the creditor may be entitled to collection costs. ==Additional Information== If the debt collector is collecting on a money judgment rendered by a court post judgment interest accrues and can considerably increase the amount of the debt.
Can a debt collector for a cell phone company take your income taxes?
No. Only the government can take your taxes, but a debt collector can get a court judgment against you and take your pay check.
Is Credence a debt collector?
No, Credence is not a debt collector.
Do you have to pay a debt collector?
Yes, if you owe a debt and a debt collector is legally pursuing payment, you are generally required to pay the debt collector.
