Interest, fees and no statements after charge off

Posted by Bob3 (68.93.35.87) on January 21, 2004 at 20:26:22:

If I remember correctly reading something in the past, adding interest and fees after charge off is not legal. Especially under Texas usury laws.

Can anyone add more to this? -- Thanks

+ + +

Posted by catballou (207.43.76.89) on January 21, 2004 at 18:03:59:

In Reply to: Re: yet another general question /thoughts posted by Parry on January 21, 2004 at 17:07:51:

yes true. they dont have to accept anything..but it would help them get their money, as i for one do not have a lump sum. if i did i wouldnt have gotten behind on my account lol. when u add the interest and such ..which, yes.,i know is legal..but it puts it out of my reach to resolve it,,,
Posted by catballou (207.43.76.89) on January 21, 2004 at 18:03:59:

Follow Ups:

Post a Followup