INTEREST RATE*

• Legal: 6% with agreement can charge up to 18%. w/o agreement - statutory interest of 6% begins to run 30th day after becoming due
• Judgment: 10%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Acct.: 4
• Written Contract: 4
• Domestic Judgment: 10 (Renewable)
• Foreign Judgment: 10 (Renewable)

BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
100% of Wages

COLLECTION AGENCY BOND & LICENSE

• Bond: Yes
• License: No
• Fee: No

Always consult counsel to charge interest