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Successfully collecting on your delinquent accounts is easiest when you work with a collection agency that’s familiar with the ins and outs of Georgia collection law. A Georgia collection agency can dramatically improve your chances of a successful debt recovery.
In order to boost your chances of collecting unpaid debts, you’ll want to contact a qualified debt collection agency immediately once you have doubts about an account. Time isn’t on your side when collecting in Georgia; it’s important to work with debt collectors who will go to work for you immediately.
It’s important to choose a collection agency that can offer you personalized attention and care. Summit AR is a great choice for Georgia accounts receivable. We service every major city in Georgia, including Atlanta, Columbus, Savannah, Sandy Springs, Macon, Roswell, Albany, Marietta, Warner Robins, and Smyrna.
Georgia Collection Laws Interest Rate
| Legal: | 7% |
| Judgment: | 12% |
| Commercial Account: | 18% |
Georgia Collection Laws Statute Of Limitations
| Open Account: | 4 years |
| Written Contract: | 6 years |
| Domestic Judgment: | 7 years |
| Foreign Judgment: | 5 years |
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 |
If you’re looking for a collection agency that knows Georgia, contact Summit AR today for fast, friendly, and effective results.
Disclaimer: While we strive to keep our state resource data accurate and up-to-date, the information contained on this page is provided without any warranty (expressed or implied), and should not be considered legal advice. We assume no liability for its use.
Convert more aged receivables into bottom-line revenue.
Our experienced collections specialists provide the best of both worlds: collection rates up to double the industry average, but with a delicate touch to protect your company’s relationships and good name. Schedule a free no-obligation consultation and learn how Summit A•R can put your balance sheets back in the black.
