Can debt collectors add a fee to the original principal balance?

A flat $50 collection fee is unusual for most credit revolving accounts. As Atty Bunce, noted your contract controls.

Bankruptcy filing forms

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Can a credit card co.charge high interest rates when your just trying to pay of a closed account

Consider contacting consumer credit counseling, also known as ClearPoint. They have been effective in intervention between debtors and creditors...

Debt collection question: Arbitration vs Superior Court.

It is sometimes cheaper to sell the account for pennies on the dollar to a collection agency then to hold out for more in arbitration and incurring...

Bankruptcy and finding a new job in the financial field

The financial industry question and its intersection with bankruptcy filing began coming up approximately 10 years ago following some changes in...

I owed a balance of $193.41 on a Macy's card. The payment was due on the 3rd of September. I mailed the payment,in full.

If I recall correctly, Labor Day is a holiday in which USPS mail is not delivered if you sent your payment by United States Postal Service (why oh...

Filing bankruptcy and my 18 year olds property.

Your daughter's property is hers. Confusion may occur if your daughter's property is titled in both names, such as a car jointly owned or bank...

Record the foreign judgment in TN. Proceed with collection.

Tax returns

If a tree falls in the forest & the video recordist does not have the microphone on, was there any sound?

Had BK in 2007 did not reaffirm mortgage, kept paying on house until last month and mortgage reported late on credit report.

If the loan/note was not reaffirmed, your obligation was discharged: you may dispute the delinquency notice with the credit reporting agency.