INTEREST RATE - Legal: 10% - Judgment 10% or
STATUTE OF LIMITATIONS (IN YEARS) - Open Acct: 3 -
Written Contract 6 in Az. - 4 outside Az. - Domestic Judgment
5-additional 5 upon request (indefinitely) - Foreign Judgment 4
BAD CHECK LAWS (CIVIL PENALTY) - Twice the amount
of check, costs of suit, reasonable attorney fees.
GENERAL GARNISHMENT EXEMPTIONS - See federal law.
COLLECTION AGENCY BOND & LICENSE - Bond: $10,000
minimum (based on gross income) - License: Yes - Fee: $1500
Application Fee $600 Annual Fee $23 per Officers/Managers