Legal Question in Credit and Debt Law in Michigan
I had a credit card that I was unable to pay. The account is now owned by a collection agency. Can they charge me interest?
Asked on 7/08/10, 7:51 pm
1 Answer from Attorneys
Timothy Klisz
Klisz Law Office, PLLC
Yes, your original contract which calls for interest was transferred to the new owner of the debt. The interest will continue to grow unless you negotiate a deal. Visit www.kliszlaw.com to discuss. Tim Klisz
Answered on 7/09/10, 5:35 am