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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 Dakota collection agency — or a national agency which has experts on South Dakota collections law on staff — can dramatically boost your chances of successfully collecting on your unpaid account.
Summit AR is a a professional collection agency and debt collection is all we do, so you are likely to recover more of what is owed to you than if you were to pursue delinquent customers yourself.
We can assist with the collection of your accounts in any corner of South Dakota, including Sioux Falls, Rapid City, Aberdeen, Watertown, Brookings, Mitchell, and Pierre. Contact us today to get your case started.
South Dakota Collection Laws Interest Rate
| Legal: | 12% |
| Judgment: | 10% |
South Dakota Collection Laws Statute Of Limitations
| Open Account: | 6 years |
| Sale of Goods: | 4 years |
| Written Contract: | 6 years |
| Domestic Judgment: | 20 years |
| Foreign Judgment: | 10 years |
South Dakota Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Not available |
South Dakota Collection Laws General Garnishment Exemptions
| 20% of the individual’s disposable earnings for a 60 day period |
South Dakota Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | No |
| License: | No |
| Fee: | No |
If you’re looking for a collection agency that knows South Dakota, 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.
