Successfully collecting on your delinquent accounts is easiest when you work with a collection agency that’s familiar with the ins and outs of Hawaii collection law. A Hawaii collection agency can dramatically improve your chances of a successful debt recovery.
In order to boost your chances of collecting unpaid debts, you’ll want to contact a qualified debt collection agency immediately once you have doubts about an account. Time isn’t on your side when collecting in Hawaii; it’s important to work with debt collectors who will go to work for you immediately.
It’s important to choose a collection agency that can offer you personalized attention and care.
Hawaii Collection Laws Interest Rate
Hawaii Collection Laws Statute Of Limitations
|Sale of Goods:||6 years|
|Open Account:||6 years|
|Written Contract:||6 years|
|Domestic Judgment:||10 years|
|Foreign Judgment:||6 years|
Hawaii Collection Laws Bad Check Laws (NSF) (Civil Penalty)
|Damages equal to $100 or triple amount of check, not to exceed $500|
Hawaii Collection Laws General Garnishment Exemptions
|95% of 1st $100, 90% of 2nd $100, 80% net wages in excess of $200 per mo. or federal limits whichever is greater.|
Hawaii Collection Laws Collection Agency Bond & Licensing Rules
|Bond:||$25,000 + $15,000 each branch|
|License:||Yes (consumer only)|
|Fee:||$155 for 2 years|
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.