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 |
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