(a) Judgment may, in like manner, be had in favor of the party aggrieved against any attorney, upon five (5) days' notice, for any money collected or received by the attorney in that capacity, and not paid over on demand by the person entitled, or that person's agent or attorney.
(b) Judgment shall, in such case, be given for the amount so collected or received, with interest, and twelve and one-half percent (12½%) damages, and all costs.