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The fastest, most successful way to collect an unpaid debt successfully and quickly is to work with a collection agency that knows your state’s unique collection laws. Hiring a South Carolina collection agency — or a national agency which has experts on South Carolina collections law on staff — can dramatically boost your chances of successfully collecting on your unpaid account.
Summit AR is a licensed, bonded and insured national debt recovery agency specializing in the unique accounts receivable issues that can plague businesses of any size. Our team includes experts on South Carolina debt law who can tackle even the most challenging cases.
We can help you with recovery on accounts in any corner of South Carolina, including Columbia, Charleston, North Charleston, Rock Hill, Mount Pleasant, Greenville, Spartanburg, Summerville, Hilton Head Island, and Florence. Contact us today to get your case started.
South Carolina Collection Laws Interest Rate
| Legal: | 8.75% |
| Judgment: | 12% |
South Carolina Collection Laws Statute Of Limitations
| Open Account: | 3 years |
| Written Contract: | 3 years |
| Domestic Judgment: | 10 years |
| Foreign Judgment: | 10 years |
South Carolina Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Reasonable court costs, amount of check, and damages up to $500 or 3x check amount, whichever is smaller |
South Carolina Collection Laws General Garnishment Exemptions
| 100% |
South Carolina Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | No |
| License: | Yes – all business |
| Fee: | No |
| Exemption for out-of-state collectors: License required for instate agency only. | |
If you’re looking for a collection agency that knows South Carolina, 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.
