SOUTH CAROLINA INTEREST RATE -
Legal: 8.75%
Judgment: 12%
STATUTE OF LIMITATIONS (IN YEARS) -
Open Acct.: 3 - See SC Code Section 36-2-725
Sale of Goods (UCC): 6
Written Contract: 3
Domestic Judgment: 10
Foreign Judgment: See SC Code Section 15-35-900 through 960
Written Contract under Seal: 20
BAD CHECK LAWS (CIVIL PENALTY) -
Court costs amount of check & damages up to $500 or 3x check amount whichever is smaller.
See SC Code Section 34-11-90 for requirements to collect damages.
GENERAL GARNISHMENT EXEMPTIONS -
Garnishment not available in SC.
COLLECTION AGENCY BOND & LICENSE -
Not Required