Legal Question in Business Law in California
We own a small service business and would like to charge either finance charges or late fees on outstanding invoices. Which is better and what are we allowed to do?
Asked on 7/24/09, 10:18 pm
1 Answer from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
Spend a little and save a lot, get your invoice language custom-drafted by an attorney. Key clauses will include interest on late accounts; and attorneys fees and collection costs, so that you recover these costs if you must sue.
Answered on 7/25/09, 5:18 am
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