WISCONSIN INTEREST RATE -
Legal: 5%
Judgment: 12%
STATUTE OF LIMITATIONS (IN YEARS) -
Open Acct.: 6
Written Contract: 6
Domestic Judgment: 20
Foreign Judgment: 20
BAD CHECK LAWS (CIVIL PENALTY) -
Amount of check plus actual damages + exemplary damages up to three times value of check. Limited to $300.
GENERAL GARNISHMENT EXEMPTIONS -
80% of net pay
COLLECTION AGENCY BOND & LICENSE -
Contact: Department of Financial Institutions
Licensed Financial Services Section
4th Floor
345 W. Washington Ave.
Madison, WI 53703
P.O. Box 7876
Madison, WI 53707-7876
Phone: (608) 261-7578 Fax: (608) 267-6889
web: www.wdfi.org/fi/lfs/ca/default.htm