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Successfully collecting on your delinquent accounts is easiest when you work with a collection agency that’s familiar with the ins and outs of Nebraska collection law. A Nebraska 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 Nebraska; 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. Summit AR is a great choice for collecting Nebraska accounts receivable. We service every major city in Omaha, Lincoln, Bellevue, Grand Island, Kearney, Fremont, North Platte, Norfolk, Hastings, and Columbus.
Nebraska Collection Laws Interest Rate
| Legal: | 12% |
| Judgment: | 1% above bond equivalent yield |
Nebraska Collection Laws Statute Of Limitations
| Open Account: | not available |
| Written Contract: | not available |
| Domestic Judgment: | 5 years renewable |
| Foreign Judgment: | 5 years |
Nebraska Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Amount due, costs, protest fees |
Nebraska Collection Laws General Garnishment Exemptions
| Greater of 75% disposable earnings (85% if head of household), or 30 x Federal minimum hourly wage |
Nebraska Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | $5,000 to $15,000 |
| License: | Yes |
| Fee: | $200 initial, $100 renewal |
| Exemption for out of state collectors: Out of state collectors are exempt if [1] communicating by interstate means (phone, fax, mail); and [2] are “regulated” by the laws of another state. | |
If you’re looking for a collection agency that knows Nebraska, 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.
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.
