Arizona Collection Agencies
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One way to recover more from your delinquent accounts is to hire Arizona collection agencies. Arizona collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Arizona collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Arizona collection agency can save you a lot time and money � two of your most valuable resources. With their custom-designed debt collection systems, computers and software, a Arizona collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Arizona collection agencies can charge between 30 to 50 percent of what they recover, you still end up with more than you probably could have collected on your own. There are also Arizona collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Apache Junction, Avondale, Bullhead, Casas Adobes, Catalina Foothills, Chandler, Flagstaff, Gilbert, Glendale, Lake Havasu City, Mesa, Peoria, Phoenix, Prescott, Scottsdale, Sierra Vista, Sun City, Surprise, Tempe, Tucson and other Arizona cities.
Arizona Collection Laws
The following is a summary of the Arizona Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise. We make no warranty, express or implied concerning any information contained on this Arizona Collection Laws page, and we assume no liability for its use.
- Arizona Collection Laws Interest Rate
Legal: 10%
Judgment: 10% or contractual
- Arizona Collection Laws Statute Of Limitations (Years)
Open account: 3
Written Contract: 6 in AZ. - 4 outside AZ.
Domestic Judgment: 5-additional 5 upon request (indefinitely)
Foreign Judgment: 4
- Arizona Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Twice the amount of check, costs of suit, reasonable attorney fees.
- Arizona Collection Laws General Garnishment Exemptions
See federal law.
- Arizona Collection Laws Collection Agency Bond & Licensing Rules
Bond: $10,000 minimum (based on gross income)
License: Yes
Fee:
$1500 Application Fee
$600 Annual Fee
$23 per Officers/Managers
We hope that this information on Arizona Collection Agencies assists you in finding a Arizona collection agency and researching Arizona collection laws.
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