Case Data: Louisiana
Louisiana enables high-cost loan providers to include court expenses and appropriate costs as to what borrowers owe when they winnings judgments on delinquent debts, along with interest fees. Listed below are two examples:
On Oct. 24, 2006, Republic Finance won a judgment for $2,993 against a debtor. The balance had increased to $10,847, including $1782 in attorney fees, $1509 in court costs and $4136 in interest in early 2012, when the company moved to garnish the debtorвЂ™s wages.