Can I charge a dental office interest?
Question Details: I had a root canal performed and when it was completed I was charged $1730, which I paid in full the same day. The dental office claimed I did not provide them with any insurance informationwhich I did they have held onto my money waiting for the insurance company to pay them, they claim I cannot be refunded until the insurance pays.
No, you can only charge interest on money someone owes you or is holding from you when there is a written agreement providing for interest in this situation. If there is no agreement, there is no interest.
In any event, interest rates are so low right now that even if you were to receive bank rate interest, that would only be pennies at most.
Rate This Answer:
The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to AttorneyPages.com
and retain an attorney to represent you.