VIRGINIA INTEREST RATE -
Legal: 8%
Judgment: 9% or contract rate whichever is higher
STATUTE OF LIMITATIONS (IN YEARS) -
Open Acct.: 3 Last charge or payment
Written Contract: 5
Domestic Judgment: 20
Foreign Judgment: 10
Sales of goods under article 2 is 4 years
BAD CHECK LAWS (CIVIL PENALTY) -
Lesser of $250 or three times check amount  
GENERAL GARNISHMENT EXEMPTIONS -
See federal law
COLLECTION AGENCY BOND & LICENSE -
Contact: Secretary of the Commonwealth
830 East Main Street, 14th Floor
Richmond, VA 23219
Phone: (804) 786-2441
email:socmail@governor.virginia.gov
web: www.commonwealth.virginia.gov