West Virginia Debt Collection Agency Laws :Summit A•R

West Virginia Collection Laws Interest Rate

Legal:	6%
Judgment:	10%

West Virginia Collection Laws Statute Of Limitations

Open Account:	5 years
Written Contract:	10 years
Domestic Judgment:	10 years
Foreign Judgment:	10 years

West Virginia Collection Laws Bad Check Laws (NSF) (Civil Penalty)

Amount due, service charge up to $10. If check is under $500, misdemeanor; over $500, felony

West Virginia Collection Laws General Garnishment Exemptions

See West VA code 38-5A-3. Employees withhold 20% of disposable income or 30x the minimum hourly rate, whichever is less and other exemptions apply

West Virginia Collection Laws Collection Agency Bond & Licensing Rules

Bond:	$5000
License:	Yes
Fee:	$15 annually
Exemption for out-of-state collectors: Contact state authorities. Some out-of-state agencies may be exempt if they are only collecting for out-of-state clients.

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.

Get Started ›