Listen to 300+ podcasts by best-selling authors, published Wednesday, 4pm EST!

Rhode Island Collection Agency Laws

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about About State by State Debt Recovery and other Collection Agency topics.

What are Washington's state debt collection laws?

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

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Collection Agency Tip Site? Request a Tip Now!


Guru Spotlight
William Pirraglia