ࡱ> .0- )bjbj .) JJ 2444444)~44I 22@(eS:_0(vTfD44.J S: Mississippi Fee Requirements Collection fees: Alliance understands the desire for clients to re-coup their costs of outsourcing their collection work. Unfortunately due to some recent opinions regarding collection fees Alliance is no longer able to accept placements with added collection fees from clients in the State of Mississippi. Attorney fees: Because a segment of placements require legal action, we ask that each client have the following language acknowledged by patients signature: I agree to be responsible for all costs of collection, including reasonable attorney fees. Interest: Mississippi Code Section {75-17-1(1)} Maximum rates of interest General According to MS Code{75-17-1(1)} the legal maximum rate of interest is 8%. The contract rate is not to exceed greater of 10% or 5% above discount rate {75-17-1(2)}. Truth in lending statements MUST be in place for each debtor if you do: A: More than 10 (ten) contracts per year or; B. If more than 4 (four) payments on a given debt. For medical clients, it is not generally feasible to charge interest due to the amount of work that has to be done and the necessity for understanding of state usury laws and regulations, not to mention truth in lending laws, regulation Z, and other laws that govern finance. If a client arranges payments with any debtor on a contractual basis and charges interest in ANY form, that client MUST comply with truth in lending laws and a complete breakdown of those fees and charges must be made available to the collection agency The penalty for unlawful interest rates: Forfeit all interest and finance charges; if rate exceeds maximum by 100k any amount paid (principal or interest) may be recovered; person willfully charging usurious rates guilty of misdemeanor and fine up to $1000 (75-67-119). NOTE: State laws are constantly changing Contact an attorney or conduct your own legal research to verify the state law(s) you are researching. Alliance will gladly accept accounts that fall within code guidelines providing that client adds such fee prior to placement. Billing fees: Any fee that is added to a collection account must be specifically allowed by the laws of the state in which the client operates and collection agency must be made aware of said fees as well as provided with documentation supporting the addition of fees. Any fees must be broken out in clear terms prior to placement. LINK to interest rate site on current rate according to Fed and Wall Street Journal: http://www.bankrate.com/rates/interest-rates/wall-street-prime-rate.aspx .) R U c f U V _ 456B')h4h vCJOJQJ^JaJ h vaJh v5CJ\aJh v56CJ\] h v6] h v5\hh:hh:5hh:h v5h v5>*\h vT U U V Q   "#56EF[$\$dd[$\$h`h&'()gd4,1h/ =!"#<$<% ^ 2 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmH nH sH tH @`@ NormalCJ_HaJmH sH tH N@N  Heading 1$@&^` 5CJ(\DA D Default Paragraph FontViV  Table Normal :V 44 la (k (No List 6U6 Hyperlink >*B*phBB@B Body Textdd[$\$6]PK![Content_Types].xmlj0Eжr(΢Iw},-j4 wP-t#bΙ{UTU^hd}㨫)*1P' ^W0)T9<l#$yi};~@(Hu* Dנz/0ǰ $ X3aZ,D0j~3߶b~i>3\`?/[G\!-Rk.sԻ..a濭?PK!֧6 _rels/.relsj0 }Q%v/C/}(h"O = C?hv=Ʌ%[xp{۵_Pѣ<1H0ORBdJE4b$q_6LR7`0̞O,En7Lib/SeеPK!kytheme/theme/themeManager.xml M @}w7c(EbˮCAǠҟ7՛K Y, e.|,H,lxɴIsQ}#Ր ֵ+!,^$j=GW)E+& 8PK!Ptheme/theme/theme1.xmlYOo6w toc'vuر-MniP@I}úama[إ4:lЯGRX^6؊>$ !)O^rC$y@/yH*񄴽)޵߻UDb`}"qۋJחX^)I`nEp)liV[]1M<OP6r=zgbIguSebORD۫qu gZo~ٺlAplxpT0+[}`jzAV2Fi@qv֬5\|ʜ̭NleXdsjcs7f W+Ն7`g ȘJj|h(KD- dXiJ؇(x$( :;˹! I_TS 1?E??ZBΪmU/?~xY'y5g&΋/ɋ>GMGeD3Vq%'#q$8K)fw9:ĵ x}rxwr:\TZaG*y8IjbRc|XŻǿI u3KGnD1NIBs RuK>V.EL+M2#'fi ~V vl{u8zH *:(W☕ ~JTe\O*tHGHY}KNP*ݾ˦TѼ9/#A7qZ$*c?qUnwN%Oi4 =3ڗP 1Pm \\9Mؓ2aD];Yt\[x]}Wr|]g- eW )6-rCSj id DЇAΜIqbJ#x꺃 6k#ASh&ʌt(Q%p%m&]caSl=X\P1Mh9MVdDAaVB[݈fJíP|8 քAV^f Hn- "d>znNJ ة>b&2vKyϼD:,AGm\nziÙ.uχYC6OMf3or$5NHT[XF64T,ќM0E)`#5XY`פ;%1U٥m;R>QD DcpU'&LE/pm%]8firS4d 7y\`JnίI R3U~7+׸#m qBiDi*L69mY&iHE=(K&N!V.KeLDĕ{D vEꦚdeNƟe(MN9ߜR6&3(a/DUz<{ˊYȳV)9Z[4^n5!J?Q3eBoCM m<.vpIYfZY_p[=al-Y}Nc͙ŋ4vfavl'SA8|*u{-ߟ0%M07%<ҍPK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 +_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!Ptheme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK] ) ) ) 8@0(  B S  ?/<0|123<4|5611aa+  99ll+ 8*urn:schemas-microsoft-com:office:smarttagsCity9*urn:schemas-microsoft-com:office:smarttagsState9*urn:schemas-microsoft-com:office:smarttagsplace P+ y + 3333/1)RUUccdfSTUUfillzE' ( + )R & + A(_h:r2~ v4) + @) X@UnknownG*Ax Times New Roman5Symbol3. *Cx ArialA BCambria Math"h'Fk&'F #!<24$ $ 2HX ?r2~2!xxTennessee Fee Requirements jeff chambersKenOh+'0 ( H T ` lxTennessee Fee Requirementsjeff chambersNormalKen9Microsoft Office Word@@OD @OD @eS՜.+,0 hp|  $  Tennessee Fee Requirements Title  !"#$&'()*+,/Root Entry F@?eS11TableWordDocument.SummaryInformation(DocumentSummaryInformation8%CompObjy  F'Microsoft Office Word 97-2003 Document MSWordDocWord.Document.89q