Oklahoma Collection Laws, Oklahoma Collection Agency Laws

Oklahoma Collection Agency Laws


Oklahoma Collection Agency Laws that regulate debt collection.

The Creditors Guide To Oklahoma Collection Laws

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


INTEREST RATE

  • Legal: 6%
  • Judgment: 4% over U.S. Treasury Bill Rate of previous year. (1996 = 9.55% 1997 = 9.15%)

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Acct.: 3
  • Written Contract: 5
  • Domestic Judgment: 5 renewable
  • Foreign Judgment: 3

BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
State law: 75% of earnings exempted, more if hardship established. All federal exemptions apply.

COLLECTION AGENCY BOND & LICENSE

  • Bond: No
  • License: No
  • Fee: No

Recommended Oklahoma Collection Agency Listings:

OklahomaCollection 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 Oklahoma collection laws changes.



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