Legal Question in Credit and Debt Law in Maryland

How Much Money

can a company that buys debts charge intrest or can they only collect the original amount of the debt.


Asked on 6/18/04, 8:09 pm

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: How Much Money

They can charge interest in accordance with the original loan agreement and applicable law.

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Answered on 6/19/04, 9:45 am


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