WEST VIRGINIA INTEREST RATE -
Legal: 6% (Contract rate prevails. Contract rate can vary between 18% and 31% max)
Judgment: 10%
STATUTE OF LIMITATIONS (IN YEARS) -
Open Acct.: 5
Written Contract: 10
Domestic Judgment: 10
Foreign Judgment: 10
BAD CHECK LAWS (CIVIL PENALTY) -
Amount due, service charge up to $10. If check is under $500.00 = misdemeanor. Over $500.00 = felony.
GENERAL GARNISHMENT EXEMPTIONS -
80% of net pay
COLLECTION AGENCY BOND & LICENSE -
Contact: West Virginia State Tax Dept.
Internal Auditing Division
PO Box 2666
Charleston, WV 25330
Phone: (304) 558-8500