ARIZONA
INTEREST RATE
Legal: 10%
Judgment: 10% or contractual
STATUTE OF LIMITATIONS (IN YEARS)
Open Acct.: 3
Written Contract: 6 in Az. - 4 outside Az.
Domestic Judgment: 5-additional 5 upon request (indefinitely)
Foreign Judgment: 4
BAD CHECK LAWS (CIVIL PENALTY)
Twice the amount of check, costs of suit, reasonable attorney fees.
GENERAL GARNISHMENT EXEMPTIONS
See federal law.
COLLECTION AGENCY BOND & LICENSE
Bond: $10,000 minimum (based on gross income)
License: Yes
You'll have to ask someone else about when the clock starts ticking! Sorry Dont want to tell you the wrong info!
|