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

Time is of the essence when it comes to Massachusetts 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.

Granted, professional debt collection may seem expensive, but when you consider the value of the time you’ll spend pursuing an unpaid account yourself, working with a collection agency usually makes financial sense for Massachusetts businesses. Whether you’re based in Boston, South Boston, Worcester, Springfield, Lowell, Cambridge, Brockton, New Bedford, Fall River, or Plymouth, getting started — and started soon — with a Massachusetts debt collection agency is a smart business move.

Massachusetts Collection Laws Interest Rate

Legal:	6%
Judgment:	12%
Contract:	12%

Massachusetts Collection Laws Statute Of Limitations

Open Account:	6 years
Written Contract:	6 years
Domestic Judgment:	20 years
Foreign Judgment:	20 years
Contracts Under Seal:	20 years

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

Amount due, costs of suit, protest fees. Additional damages $100 – $500 can be assessed

Massachusetts Collection Laws General Garnishment Exemptions

$125 week

Massachusetts Collection Laws Collection Agency Bond & Licensing Rules

Bond:	$10,000 to $25,000
License:	Yes
Fee:	Determined by commissioner

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.