VERMONT |
INTEREST RATE -
Legal: 12%
Judgment: 12%
|
STATUTE OF LIMITATIONS (IN YEARS) -
Retail Security Agreements: 4
Witnessed Promissory Note: 14
Open Acct.: 6
Written Contract: 6
Domestic Judgment: 8
Foreign Judgment: 8 |
BAD CHECK LAWS (CIVIL PENALTY) -
Court costs, amount of check, attorney's fees, damage of $50. (Notices
required) |
GENERAL GARNISHMENT EXEMPTIONS -
75% of earning above minimum wage or what is necessary to live. 85% if
person, family or house held debt. |
COLLECTION AGENCY BOND & LICENSE -
Contact: Betty Poulin - Division Director
Secretary of State - Corporations Division
81 River Street, Drawer 09
Montpelier, VT 05609
Phone: (802) 828-2386 • Fax: (802) 828-2853
web:
www.sec.state.vt.us/corps/corpindex.htm |