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Researching your options for debt collection can be a daunting task. Collection laws in Vermont are complex, so it makes sense to work with a collection agency that knows Vermont.
Summit AR is a licensed, bonded and insured national debt recovery agency specializing in the unique accounts receivable issues that can plague businesses of any size. Our team includes experts on Vermont debt law who can tackle even the most challenging cases.
Summit will solve your collection challenges in any corner of Vermont, including Burlington, Essex Junction, Bennington, South Burlington, Rutland, Colchester, Brattleboro, Springfield, Barre, and Middlebury. Contact us today to get your case started.
Vermont Collection Laws Interest Rate
| Legal: | 12% |
| Judgment: | 12% |
Vermont Collection Laws Statute Of Limitations
| Open Account: | 6 years |
| Written Contract: | 6 years |
| Domestic Judgment: | 8 years |
| Foreign Judgment: | 8 years |
Vermont Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Court costs, amount of check, attorney’s fees, damage of $50. (Notices required) |
Vermont Collection Laws General Garnishment Exemptions
| 75% of earnings above minimum wage or what is necessary to live |
Vermont Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | No |
| License: | No |
| Fee: | No |
If you’re looking for a collection agency that knows Vermont, 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.
