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According the the Arkansas Fair Debt Collections Practices Act § 17- 24-301 no person, partnership, association or corporation shall charge as a collection charge or fee an amount in excess of fifty percent (50%). However, the debtor can only be charged these fees if explicitly agreed to when the debt was created, by written agreement or notice provided at the point of sale. Generally, collections firms try to slam these charges onto the debtors to be able to attract more clients by claiming its a free service. These fees do not include interest and there are additional rules for bad checks.
What else can I help you with?
Is there a legal limit to late fees in Michigan?
Is there a legal limit to finance charges that can be charged in the state of Michigan?
Is there a legal limit on late fees in Washington state?
yes
Can a bank take you to collections for overdraft fees?
Yes.
Can you still be charged late fees and over-limit fees on accounts you close?
Yes, if you are over limit and you may be charged late fees unless you pay down to your limit.
How do I file for custody in Arkansas?
To file for custody in Arkansas, you need to complete the necessary forms, which can typically be found on the Arkansas court website or obtained from the courthouse. You will need to file these forms with the court, pay any required fees, and attend a court hearing. It is recommended to seek legal advice or assistance to ensure the process is done correctly.
How do you get your legal fees reinburse to you?
reimbursed
What is the maximum amount you can put into a living trust?
In the United States, there is no legal limit to the amount one may contribute to a living trust. However, there are costly fees associated with the administration of a living trust.
What happens to you if your account is transferred to a collection agency?
The agency will continue attempts to collect the amount owed plus any applicable fees. If a settlement cannot be made, the collector may decide to refer the account to a collections attorney for legal action.
Are excessive overdraft fees legal?
Yes
How much does it cost to get get emancipated in Arkansas?
The cost to file a petition with the court. Contact the court clerk for the county you live in. This is only the cost of legal filing. The Court will have to make a judicial determination regarding the case.
Can a paralegals fees be included in attorney's calculation of legal fees to the court?
In some jurisdictions, paralegal fees can be included in the calculation of legal fees submitted to the court if the paralegal services were directly related to the legal work performed by the attorney. It is important to check the rules and regulations of the specific court or jurisdiction where the fees are being submitted.
Why is there no limit to the amount of fee doctor can charge?
There is a limit: it's the limit of supply and demand. If you think a doctor's fees are too high, go to a different doctor. If enough people do that, the first doctor will reduce his fees in order to avoid losing all his business.
