Georgia Collection Agencies
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One way to recover more from your delinquent accounts is to hire Georgia collection agencies. Georgia collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Georgia collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Georgia 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 Georgia collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Georgia 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 Georgia collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Albany, Alpharetta, Americus, Athens, Atlanta, Augusta, Brunswick, Carollton, Cartersville, College Park, Columbus, Dalton, Decatur, Douglasville, Dublin, Duluth, East Point, Forest Park, Gainesville, Griffin and other Georgia cities.
Georgia Collection Laws
The following is a summary of the Georgia 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 Georgia Collection Laws page, and we assume no liability for its use.
- Georgia Collection Laws Interest Rate
Legal: 7%
Judgment: 12%
Commercial Accounts: 18% - Georgia Collection Laws Statute Of Limitations (Years)
Open account: 4
Written Contract: 6
Domestic Judgment: 7
Foreign Judgment: 5
- Georgia Collection Laws Bad Check Laws (NSF) (Civil Penalty)
After 10 day written demand double damages up to $500 and service charge of $20 or 5%, whichever is greater - Georgia Collection Laws General Garnishment Exemptions
See federal law. City, County & State employees may be garnished
- Georgia Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: No
Fee: No
We hope that this information on Georgia Collection Agencies assists you in finding a Georgia collection agency and researching Georgia collection laws.
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