When a collector has a debt in their possesion and is charging interest what state laws do they have to follow?

You don't say whether this was a private loan from an individual or from a bank or credit union. In most cases, if it's from a bank, federal law...

Business Practice

Believe it or not, something similar happened to me about 15 years ago, and it was a major pain to get the mess straightened out. Your first step...

Don't i have 3 business days to return a car after purchasing it

You can check with your state authorities, but in most states, the consumer protection laws providing for a three-day right to cancel a purchase...

What is the maximum amount that can be charge in late fees on a monthly basis on a defaulted loan in the state of pa

The fees would be governed by the terms of the loan document. If your contract for the loan lists the fees and how they're charged, that's your...

Can a business in PA charge late fees to some customers, but not others?

If the late fee is included in your contract, you're likely obligated to pay if you have gone beyond the term listed for fee-free payment. Whether...

How do I go about starting a cottage business making my home made barbecue rub?

The Commonwealth of Massachusetts has a Small Business Guide available online at http://www.business.gov/states/massachusetts. A quick review of...

How do i go about starting a cleaning business

The Pennsylvania agencies that have regulations on small businesses have combined information on their requirements and services at a unified...

You say you have "had ownership" -- but if you don't hold the title, you are not the owner. If your friend told you from the outset that her father...

I thought the guy leasing my farm land, was going out of business he is not, I leased it to another. Can I cancel the 2nd lease?

You should speak with an attorney in your locality who handles real estate transactions. You may be liable both to the original lessee and to the...

Contact the US Small Business Administration for information on government grants and financial assistance for small businesses. Since you probably...