Kansas Collection Laws
Many states impose responsibilities, liabilities and penalties upon companies for activities of Kansas debt collectors engaged by them in the collection of debts. You need to know the Kansas collection laws and state debt collections law.
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You can be held accountable for what your Kansas collection attorney does or
doesn't do. You must know the Kansas 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 Kansas collections laws listed below
and make sure your Kansas 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: Kansas Statute of Limitations, Kansas Judgments, Kansas Garnishments,
Kansas Interest Rates, Kansas Bad Check Laws and Kansas Collection Agency
Requirements.
INTEREST RATE
Legal: 10%
Judgment: 12%
STATUTE OF LIMITATIONS (IN YEARS)
Open Acct.: 3
Written Contract: 5
Domestic Judgment: 5 renewable
Foreign Judgment: 5 renewable
BAD CHECK LAWS (CIVIL PENALTY)
Three times check amount not exceeding the check amount by $500 or $100
whichever is greater plus attorney fees
GENERAL GARNISHMENT EXEMPTIONS
See Federal Law
Plus other personal property, benefit exemptions, and homestead
COLLECTION AGENCY BOND & LICENSE
Bond: No
License: No
Fee: No
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