Connecticut Collection Agency Laws

Connecticut Collection Agency Laws that regulate debt collection.

The Creditors Guide To Connecticut Collection Laws

Following is a some important information on ConnecticutCollection Laws including: Connecticut Statutes, Connecticut Judgments, Connecticut Garnishments, Connecticut Interest Rates, Connecticut Bad Check Laws and Connecticut Collection Agency Requirements. Please be sure that you check the Connecticut State website for the latest updates to the Connecticut Collection Agency Laws.

INTEREST RATE

• Legal: 8%
• Judgment: 10%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Acct.: 6
• Written Contract: 6
• Oral Contract: 3
• Domestic Judgment: 20/25
• Small Claims Judgment: 10/15
• Foreign Judgment: 20

BAD CHECK LAWS (CIVIL PENALTY)
Personal liability of signatory on corporate claims unless signed in corporatecapacity.

GENERAL GARNISHMENT EXEMPTIONS
25% you may garnish disposable earnings each week, or 40 x fed. min. hourlywage, which ever is less.

COLLECTION AGENCY BOND & LICENSE

• Bond:$5000
• License: Yes
• Fee:
  • $200 Yearly
  • $50 Investigation

Recommended Connecticut Collection Agency Listings:

ConnecticutCollection Agency
Debt-Collection-Laws.com offers you a directory of the top ranked debt collection agencies in the United States by state.

Please note this website site not intended to give legal advice and may not be complete or up to date with the most current Connecticut collection laws changes.

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