NORTH CAROLINA INTEREST RATE - Legal: 8%
Judgment: 8%
STATUTE OF LIMITATIONS (IN YEARS) -
Open Acct.: 3
Sale of Goods: 4
Written Contract: 3
Domestic Judgment: 10
Foreign Judgment: 10
BAD CHECK LAWS (CIVIL PENALTY) -
30 day written demand lesser of $500 or 3x check amount, but not less than $100.
GENERAL GARNISHMENT EXEMPTIONS -
100% of last 60 days' earnings for family support.
Garnishment only by political subdivisions for taxes, ambulance fees, etc.
COLLECTION AGENCY BOND & LICENSE - Contact:
North Carolina Dept. of Insurance
Agent Services Division
Box 26267
Raleigh, NC 27603
Phone: (919) 733-7487
web: www.ncdoi.com