Connecticut Debt Collection Agency Laws :Summit A•R

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:	20/26 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.

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