Collection agency Indiana–Adding Collection Fees to Delinquent Accounts
January 29th, 2016 by New World Collections
Can a collection agency Indiana add collection fees onto delinquent consumer accounts? Ultimately, the answer depends on the laws of the state of Indiana. Some states allow it, and some don’t. In the state of Indiana, the law is silent as to what amount can be added to a debt.
In addition, under the FDCPA, the amount of the collection fee must be “reasonable,” which means the fee should “bear a relationship” to the actual costs of collection. As a result, adding collection fees to a debt in Indiana can be risky due to the fact that Indiana is a silent state. Consumers in Indiana can seek legal remedies against the collection agency and original creditor if the fees being added are deemed unreasonable.
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