Missouri Collection Agency Laws

Missouri Collection Agency Laws that regulate debt collection.

The Creditors Guide To Missouri Collection Laws

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

INTEREST RATE

• Legal: 9%
• Judgment: 9%

STATUTE OF LIMITATIONS (IN YEARS)

• Sale of Goods: 4
• Open Acct.: 5
• Written Contract: 10
• Money & Property:
  • Domestic Judgment: 10 (Revived every 3 years)
  • Foreign Judgment: 10 (Revived every 3 years)

BAD CHECK LAWS (CIVIL PENALTY)
Three times face amount owed or $100 whichever is greater not to exceed $500 (exclusive of attorney fees)

GENERAL GARNISHMENT EXEMPTIONS
See federal law; exempt 90% of week's net pay, head of household, single person w/o depend. = 75%

COLLECTION AGENCY BOND & LICENSE

• Bond: No
• License: No
• Fee: No

Recommended Missouri Collection Agency Listings:

MissouriCollection 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 Missouri collection laws changes.

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