I live in Wisconsin. Is it legal for a collector to charge 28% of the bill without ever disclosing this fee on any statements? I didn't learn of it until I called.
1 Answer from Attorneys
Yes, depending upon what type of creditor it is, they might get away with it. You should therefore read their proposed agreement carefully before doing business with them, or go over it with your lawyer before you jump in.
If any answer on AVVO helps you, mine or someone else's, please mark it as "helpful" or "best answer" to help AVVO know which answers to show others . Answering this question does not make me your attorney, but you can post comments here for clarifications, etc. You can also see past answers to similar questions on AVVO at https://www.avvo.com/attorneys/53566-wi-jay-nixon-1529181/answers.html . Also see 15 years of past answers at http://www.lawguru.com/answers/atty_profile/view_attorney_profile/jknixon and https://www.facebook.com/NixonLawOffices . Answers may contain attorney advertising materials and both questions and answers may be may also be used in attorney advertising. See also https://twitter.com/n1xonjk.