District of Columbia Collection Laws, District of Columbia State Debt Collections Law

District of Columbia Collection Laws

Many states impose responsibilities, liabilities and penalties upon companies for activities of District of Columbia debt collectors engaged by them in the collection of debts. You need to know the District of Columbia collection laws and state debt collections law.

You can be held accountable for what your District of Columbia collection attorney does or doesn't do. You must know the District of Columbia collection laws, and the information here can reduce your liability by giving you the state debt collections law information for making informed decisions. Please study the District of Columbia collections laws listed below and make sure your District of Columbia collection lawyer abides by them to the letter.

Debt collections law vary, and knowing the right collection law for your state and your debtor's state is essential. Here you can read up on: District of Columbia Statute of Limitations, District of Columbia Judgments, District of Columbia Garnishments, District of Columbia Interest Rates, District of Columbia Bad Check Laws and District of Columbia Collection Agency Requirements.

INTEREST RATE
Legal: 6%
Judgment: 70% of interest rate on taxes to IRS

STATUTE OF LIMITATIONS (IN YEARS)
Open Acct.: 3
Written Contract: 3
Domestic Judgment: 20
Foreign Judgment: Foreign Statute

BAD CHECK LAWS (CIVIL PENALTY)
Amount Due - Protest Fees

GENERAL GARNISHMENT EXEMPTIONS
See federal law. D.C. Government employees are not attachable.

COLLECTION AGENCY BOND & LICENSE
Bond: No
License: No
Fee: No


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