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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 Montana collection law. A Montana collection agency can dramatically improve your chances of a successful debt recovery.
Time is of the essence when it comes to Montana collections. For the best chances of a successful recovery, it’s important to contact a qualified debt collection agency at the first sign of trouble.
Granted, professional debt collection may seem expensive, but when you consider the value of the time you’ll spend pursuing an unpaid account yourself, working with a collection agency usually makes financial sense for Montana businesses. Whether you’re based in Billings, Missoula, Great Falls, Butte, Bozeman, Helena, Kalispell, or Anaconda, getting started — and started soon — with a Montana debt collection agency is a smart business move.
Montana Collection Laws Interest Rate
| Legal: | 10% |
| Judgment: | 10% |
Montana Collection Laws Statute Of Limitations
| Open Account: | 5 years |
| Written Contract: | 8 years |
| Domestic Judgment: | 6 years renewable |
| Foreign Judgment: | 6 years renewable |
Montana Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| $100 minimum or 3 times face value up to $500 |
Montana Collection Laws General Garnishment Exemptions
| See federal law. |
Montana Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | No |
| License: | No |
| Fee: | No |
If you’re looking for a collection agency that knows Montana, 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.
