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Researching your options for debt collection can be a daunting task. Collection laws in New Jersey are complex, so it makes sense to work with a collection agency that knows New Jersey.
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.
can tackle collection cases in any corner of New Jersey, including Newark, Jersey City, Paterson, Elizabeth, Toms River, Edison, Trenton, Camden, Clifton, and Cherry Hill. Contact us today to get your case started.
New Jersey Collection Laws Interest Rate
| Legal: | 6% |
| Judgment: | No provision |
New Jersey Collection Laws Statute Of Limitations
| Open Account: | 6 years |
| Written Contract: | 6 years |
| Domestic Judgment: | 20 years |
| Foreign Judgment: | 20 years |
New Jersey Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| not available |
New Jersey Collection Laws General Garnishment Exemptions
| $142.50 wk. minimum 10% of gross earnings $142.50 & over |
New Jersey Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | $5,000 |
| License: | No |
| Fee: | No |
If you’re looking for a collection agency that knows New Jersey, 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.
