INTEREST RATE - Legal: 5% Judgment 9%
STATUTE OF LIMITATIONS (IN YEARS) - Sales (UCC): 4
- Open Acct: 5 - Written Contract 10 - Domestic Judgment 20 - Foreign
Judgment Same as foreign jurisdiction
BAD CHECK LAWS (CIVIL PENALTY) - Triple check
amount up to $500, attorney fees & court costs.
GENERAL GARNISHMENT EXEMPTIONS - 15% of gross
wages or disposable earnings for workweek up to 45 x ted. mm. hourly
wage, whichever is greater.
COLLECTION AGENCY BOND & LICENSE - Bond: $25,000 -
License: Yes - Fee: $75 - Original $60 - Renewal