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
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
||$6000 general, $4000 specialty
||$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.