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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 Iowa collection law. A Iowa 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 Iowa; 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 Iowa accounts receivable. We service every major city in Des Moines, Cedar Rapids, Davenport, Sioux City, Waterloo, Iowa City, Council Bluffs, Dubuque, Ames, and West Des Moines.
Iowa Collection Laws Interest Rate
| Legal: | 5% |
| Judgment: | 10% |
Iowa Collection Laws Statute Of Limitations
| Open Account: | 5 years |
| Written Contract: | 10 years |
| Domestic Judgment: | 10 years, renewable |
| Foreign Judgment: | 10 years, renewable |
Iowa Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Triple check up to $500 over check amount |
Iowa Collection Laws General Garnishment Exemptions
| See federal law |
Iowa Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | No |
| License: | No |
| Fee: | No |
If you’re looking for a collection agency that knows Iowa, 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.
