The Hand in Your Pocket
If you own a business in Pennsylvania you’ve probably, and recently, received one or more letters from the state demanding that you now reimburse them for various past “financial obligations.”
For example, just this week, I received a letter from a Harrisburg law firm telling me that a company I once owned must now remit to them the sum of $357.50.
It turns out that this amount represents not only the interest, but also an additional 25% “collection fee” (which goes to the aforementioned law firm) on top of the principal amount.