Surcharge For Accounts Going To Collection

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  • familyschoolcare
    Advanced Daycare.com Member
    • Jun 2011
    • 1284

    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
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    collections

    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.
    http://www.tomcopelandblog.com

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    • familyschoolcare
      Advanced Daycare.com Member
      • Jun 2011
      • 1284

      #3
      Thank you!

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