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familyschoolcare 07-05-2011 03:26 PM

Surcharge For Accounts Going To Collection
So if I have an account that i send to collection how much of a surcharge can I add to it. Thought i heard of someone saying their contract had a %50 surcharge for this, is that legal? what is the most I can charge. I am located in the state of California if that makes any difference.

TomCopeland 07-07-2011 09:18 AM

There is no federal law about charging surcharges to delinquent accounts. States may have their own laws on this - contact the state attorney general office for the law in California.

familyschoolcare 07-07-2011 10:15 AM

Thank you!

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