NEW YORK INTEREST RATE - Legal: 9%
Judgment: 9%
Usury: 16%
STATUTE OF LIMITATIONS (IN YEARS) -
Open Acct.: 6
Sale of Goods: 4
Written Contract: 6
Domestic Judgment: 20 (10 yr. renewable lien)
Foreign Judgment: 20 (10 yr. renewable lien)
BAD CHECK LAWS (CIVIL PENALTY) - Face value of check plus two times check amount
up to a maximum of $400 on NSF or $750 on "no account"
(Demand prescribed by law). GEN.OB.1.1-104. (Conspicuous posting at time & place of sale required)
GENERAL GARNISHMENT EXEMPTIONS - 90% of earnings, except 1st $154.50 wk. wholly exempt (only if the person earns minimum wage). COLLECTION AGENCY BOND & LICENSE - Contact: Secretary of State
41 State Street
Albany, NY 12231-0001
Phone: (518) 474-0050 Fax: (518) 474-4765
email:info@dos.state.ny.us
web: www.dos.state.ny.us