State Resource Center > Washington | Different State?
Choosing an Washington Collection Agency
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
| Legal: | 12% |
| Judgment: | 12% |
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.
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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Resource Center
Get information on collection laws in your state.
Get information on collection laws in your state.
