Kentucky 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 Kentucky collection law. A Kentucky collection agency can dramatically improve your chances of a successful debt recovery.

Time is of the essence when it comes to Kentucky collections. For the best chances of a successful recovery, it’s important to contact a qualified debt collection agency at the first sign of trouble.

It’s important to choose a collection agency that can offer you personalized attention and care. Summit AR is a great choice for Kentucky accounts receivable. We service every major city in Kentucky, including Lexington-Fayette, Louisville, Lexington, Owensboro, Bowling Green, Covington, Richmond, Hopkinsville, Henderson, and Frankfort.

Kentucky Collection Laws Interest Rate

Legal:	8%
Judgment:	12%

Kentucky Collection Laws Statute Of Limitations

Open Account:	5 years
Written Contract:	15 years
Oral Contract:	5 years
Domestic Judgment:	15 years
Foreign Judgment:	15 years

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

not available

Kentucky Collection Laws General Garnishment Exemptions

75% of disposable income or 30 times the federal minimum hourly wage (whichever is greater)

Kentucky Collection Laws Collection Agency Bond & Licensing Rules

Bond:	No
License:	No
Fee:	No

If you’re looking for a collection agency that knows Kentucky, contact Summit AR today for fast, friendly, and effective results.

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.