Legal Question in Civil Litigation in New York
finance charge
If I bill a customer for my contracting work, can I add to the charge a percentage amount per month he doesn't pay?
Asked on 6/19/07, 8:59 pm
2 Answers from Attorneys
Locksley Wade
Law Office of Locksley O. Wade
Re: finance charge
You may add such a charge as long as it was clearly written and incorporated in the contract signed by the person to be charged.
Answered on 6/20/07, 12:56 am
Stephen Loeb
Law Office of Stephen R. Loeb
Re: finance charge
Only if you have an agreement to that effect.
Answered on 6/20/07, 9:43 am