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Researching your options for debt collection can be a daunting task. Collection laws in Ohio are complex, so it makes sense to work with a collection agency that knows Ohio.
Summit AR is a a professional collection agency and debt collection is all we do, so you are likely to recover more of what is owed to you than if you were to pursue delinquent customers yourself.
We can tackle collection cases in any corner of Ohio, including Columbus, Cleveland, Toledo, Cincinnati, Akron, Dayton, Parma, Canton, Youngston, and Lorain. Contact us today to get your case started.
Ohio Collection Laws Interest Rate
| Legal: | 10% |
| Judgment: | 10% |
Ohio Collection Laws Statute Of Limitations
| Open Account: | 4 years |
| Sale of Goods: | Not available |
| Written Contract: | 15 years |
| Domestic Judgment: | 21 years, renewable every 5 |
| Foreign Judgment: | 21 years, renewable every 5 |
Ohio Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| The greater of $200 or three times the amount of check and attorney fees (no maximum) |
Ohio Collection Laws General Garnishment Exemptions
| See federal law – garnishment limited to once a month per employee |
Ohio Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | No |
| License: | No |
| Fee: | No |
If you’re looking for a collection agency that knows Ohio, 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.
