Are Financial Institutions, participating in the PA FIDM Program, allowed to charge a fee against the obligors account for the processing of the lien?
Yes. Title IV-D law governing the PA FIDM Program does not prohibit a Financial Institution from charging the account holder a fee for processing a PA FIDM lien. The fee should not be subtracted from the amount to be encumbered per the court order, but may be subtracted from assets available prior to applying the encumbrance.
Related Questions
- Are grantees allowed to charge a program fee (e.g., 30% of a participant’s adjusted gross income) and use it to establish a savings account for the participant?
- Are Financial Institutions, participating in the PA FIDM Program, allowed to charge a fee against the obligors account for the processing of the lien?
- Does Equine Canada charge an administration fee to applicants selected for the Horse Maintenance program?
