Credit Card Debt Collection Agency
September 8th, 2010 | by admin |
Do you have to pay fees if their credit card is going through a collection agency?
My husband had a previous credit card at the time I knew him again from 1999 or 2000. They tried to contact in 2004, but had little money and would not work with him. We received no warning about this until it froze our joint checking / savings account, so it is not in court when the trial took place. I understand that money you owe will be more than the original amount because of all the interest. My husband is saying or assuming part of the money owed is all the agency fees collection. Can a collection agency legally collect fees according to the amount it cost to take their case to court for trial?
Depending on your contract initial rates for the collection might well have been included. The fact is questionable at this time. If you do not have a copy of the ruling, get one of the court. You have to pay what the amount was more the fault of the legal interest rate on unpaid judgments. His only alternative would be to get a lawyer and have the statement annulled on the grounds that not properly notified. If the last payment made by that was back in 1999 or 2000, debt, although it may have been beyond the Statute Limitations (SOL), the period for filing lawsuit. Check your status: http://www.bcsalliance.com/statute_of_limitations_on_debt.html. If the debt was beyond the Sun when the suit was filed, could have used this as an affirmative defense, which had appeared in court. Of course, you would to pay a lawyer and depending on the amount of the debt would not be worth all legal costs now.