Researching your options for debt collection can be a daunting task. Collection laws in Washington are complex, so it makes sense to work with a collection agency that knows Washington.
Washington Collection Laws Interest Rate
Washington Collection Laws Statute Of Limitations
| Open Account: | 3 years |
| Written Contract: | 6 years |
| Domestic Judgment: | 10 years |
| Foreign Judgment: | 10 years |
Washington Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Lesser of check amount or 12% interest, collection costs up to $40. If taken to court, reasonable attorney’s fees, 3 x value, or up to $300. Now have 6 years to enforce a bad check |
Washington Collection Laws General Garnishment Exemptions
| Greater of 75% or $64 wk. (40 x state minimum hourly wage) |
Washington Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | $6000 general, $4000 specialty |
| License: | Yes |
| Fee: | $100 – Investigation, $100 – Original, $100 – Renewable, $50 – Branch Office |
| Exemption for out-of-state collectors: Contact state authorities. Out-of-state agencies may qualify for lesser licensing fees. Out-of-state collectors are no longer required to have resident office and instate trust accounts if they don’t have instate client. Bond is not required if held in home state. |
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.
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