Georgia
Collection Laws
The
following is a summary of the Georgia Collection Laws. The
information here may not be 100% accurate and should not to be
construed as legal advise.
We make no warranty, express or implied
concerning any information contained on this Georgia Collection Laws
page, and we assume no liability for its use.
Georgia
Collection Laws Interest Rate
Legal:
7%
Judgment: 12%
Commercial Accounts: 18%
Georgia
Collection Laws Statute Of Limitations
(Years)
Open account: 4
Written Contract: 6
Domestic
Judgment: 7
Foreign Judgment: 5
Georgia
Collection Laws Bad Check Laws
(NSF) (Civil Penalty)
After 10 day written demand double
damages up to $500 and service charge of $20 or 5%, whichever is
greater
Georgia
Collection Laws General Garnishment Exemptions
See
federal law. City, County & State employees may be garnished
Georgia
Collection Laws Collection Agency Bond & Licensing Rules
Bond:
No
License: No
Fee: No
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hopes that this information assists you in finding a Georgia
Collection Agency
and researching Georgia collection laws. |