Late Payment Fee
I recall that in California, if payment is due by a certain date, it's not whether or not the payment is received by that date, but rather what date the payment was made. In other words, if a payment is due on the 31st and the postmark of the envelope is before that date, then the payee can't charge a late fee just because the check arrived late.
Is this correct? And can someone give me the California Code which addresses this.
1 Answer from Attorneys
Re: Late Payment Fee
That's called the mailbox rule. However, it can be modified by contract. You might need to check the contract involved.
Related Questions & Answers
Hospital on feb.11,2008 I had Surgery. when I woke up I could not speak or swallow.... Asked 3/08/08, 11:19 am in United States California Consumer Law
Advanta credit card I had a dispute with a merchant for falsely representing many... Asked 3/07/08, 6:06 pm in United States California Consumer Law
My Rights as a consumer It has been less then a year since i Had bought a new pair... Asked 3/05/08, 5:01 pm in United States California Consumer Law
Used Car died on day ONE! I just bought a used 2001 VW Jetta from a private party.... Asked 3/04/08, 9:26 pm in United States California Consumer Law
Contractor Took Money We had a contract with a cabinet company to have our kitchen... Asked 3/03/08, 12:50 pm in United States California Consumer Law