Idaho Debt Collection Agency Laws

Successfully collecting on your delinquent accounts is easiest when you work with a collection agency that’s familiar with the ins and outs of Idaho collection law. An Idaho 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 Idaho; it’s important to work with debt collectors who will go to work for you immediately.

Idaho Collection Laws Interest Rate

Legal:	12%
Judgment:	10.875%

Idaho Collection Laws Statute Of Limitations

Open Account:	4 years
Oral Contract:	4 years
Written Contract:	5 years
Domestic Judgment:	5 years, renewable
Foreign Judgment:	6 years, renewable

Idaho Collection Laws Bad Check Laws (NSF) (Civil Penalty)

Triple amount of check up to $500 over the check amount

Idaho Collection Laws General Garnishment Exemptions

See federal law.

Idaho Collection Laws Collection Agency Bond & Licensing Rules

Bond:	$5,000 initial
License:	Yes
Fee:	$100, $50 renewal
Exemption for out-of-state collectors: Out-of-state collectors may qualify for a special license if [1] only collecting for client; and [2] are licensed and bonded by any 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.