State Resource Center > Connecticut | Different State?
Choosing an Connecticut Collection Agency
Connecticut Collection Laws Interest Rate
| Legal: | 8% |
| Judgment: | 10% or contractual |
Connecticut Collection Laws Statute Of Limitations
| Open Account: | 6 years |
| Written Contract: | 6 years |
| Oral Contract: | 3 years |
| Domestic Judgment: | 20/25 years |
| Small Claims Judgment: | 10/15 years |
| Foreign Judgment: | 20 years |
Connecticut Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Personal liability of signatory on corporate claims unless signed in corporate capacity. |
Connecticut Collection Laws General Garnishment Exemptions
| 25% you may garnish disposable earnings each week, or 40 x Federal minimum hourly wage, which ever is less. |
Connecticut Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | $5,000 |
| License: | Yes |
| Fee: | $200 yearly, $50 investigation |
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.
Summit was there every step of the way with patience, good humor, and advice. We received payment in record time. I will definitely use Summit again for any of our debt collection needs.
Alison D., Credit Manager
International Distributor
International Distributor
Summit AR handled the accounts extremely professionally and kept that quality working relationship with our client intact. Best of all we received a 75% recovery rate. I would recommend them to any company.
Micah B., Director
National Franchisor
National Franchisor
You've been able to get our problem accounts paid in full so that I can focus on more profitable activities
Owner
IT Systems Co.
IT Systems Co.
I've been very impressed with how quickly you've recovered on accounts we thought were lost for good... many thanks!
Partner
Law Firm
Law Firm
You are definitely not the typical collection agency. I've experienced nothing but professionalism and unexpectedly good results versus my former agency... You actually give collection agencies a good name!
Manager
Medical Supply Co.
Medical Supply Co.
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