Late fee amounts

Discussion in 'Business Operations' started by Branchland, Apr 27, 2006.

  1. Branchland

    Branchland LawnSite Senior Member
    Posts: 354

    How much by law can you charge for late fees? A certain dollar amount or percentage? Anybody know? And is it a differant amount by state?
     
  2. lawncare3

    lawncare3 LawnSite Bronze Member
    Posts: 1,981

    15 days past $15 30 days past see ya in court.
     
  3. topsites

    topsites LawnSite Fanatic
    Posts: 21,653

    In virginia there exists no maximum but if it goes to court or if it is contested, the merchant has to be able to justify the amount or he can get in trouble.
     

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