About State by State Debt Recovery - State Debt Collection Laws


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Rhode Island Collection Agency Laws

Following is some important information on Rhode Island state debt collection laws including: Rhode Island Statutes, Rhode Island Judgments, Rhode Island Garnishments, Rhode Island Interest Rates, Rhode Island Bad Check Laws and Rhode Island Collection Agency Requirements. INTEREST RATE Legal: 12% Judgment: 12% STATUTE OF LIMITATIONS (IN YEARS) Open Acct.: 10 Written Contract: 10 Domestic Judgment: 20 Foreign Judgment: 20 BAD CHECK LAWS (CIVIL PENALTY) Amount of check, $25 fee & treble damage up to $1000 GENERAL GARNISHMENT EXEMPTIONS See federal law. COLLECTION AGENCY BOND & LICENSE Bond: No License: No Fee: No

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