Adding Collection Fees Legally
Summary
In Maryland, debt collectors can add collection fees to delinquent accounts if the original contract permits it and the fees are reasonable. Consult a local attorney for detailed guidance.Full Conversation
I have a business in Maryland. I have sent a delinquent account to collections. Each time a payment of $*.* is made the agency takes $*.*. That leaves the delinquent clients account short on my end. Can the collection fee be added back to the delinquent account?
Hello ****. As per Maryland law, a debt collector can add collection fees to the delinquent account if:
- The original contract or agreement allows for it.
- The amount is reasonable.
Please consult with a local attorney for more specific advice.