I have to file a small claims in court and wanted to know if you can legally collect for finance charges. I work for a small company and send out monthly statements religiously at the first of every month. Well on these statements, it clearly states that all past due balances over 30 days will be assessed a 1.5% interest charge. Well like I said, I am filing in SMC today on a deadbeat payer and wanted to know if I am legally able to collect these fees? I have heard in the past that you couldnt.
P.S. I will be filing in Michigan!
2007-06-15
03:36:45
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2 answers
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asked by
MyKidsMom
3
in
Business & Finance
➔ Other - Business & Finance