Hawaii Collection Agencies
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One way to recover more from your delinquent accounts is to hire Hawaii collection agencies. Hawaii collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Hawaii collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Hawaii 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 Hawaii collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Hawaii 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 Hawaii collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Aiea, Hilo, Honolulu, Kahului, Kailua, Kaneohe, Kapaa, Kihei, Lahaina, Makakilo, Mililani, Nanakuli, Pearl City, Schofield Barracks, Wahiawa, Wailuku, Waimalu, Waipahu, Waipio and other Hawaii cities.
Hawaii Collection Laws
The following is a summary of the Hawaii 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 Hawaii Collection Laws page, and we assume no liability for its use.
- Hawaii Collection Laws Interest Rate
Legal: 10% (no written contract)
Judgment: 10% (no written contract) - Hawaii Collection Laws Statute Of Limitations (Years)
Sale of Goods: 6
Open account: 6
Written Contract: 6
Domestic Judgment: 10
Foreign Judgment: 6 for regis./10 after Regis
- Hawaii Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Damages equal to $100 or triple amount of check, not to exceed $500 - Hawaii Collection Laws General Garnishment Exemptions
95% of 1st $100, 90% of 2nd $100, 80% net wages in excess of $200 per mo. or federal limits whichever is greater - Hawaii Collection Laws Collection Agency Bond & Licensing Rules
Bond: $25,000/$15,000 each branch
License: Registration with 'DCCA' required for consumer, not commercial, collections
Fee:
$ 25 - Application
$ 80 - Registration
$ 50 - Compliance
$155 for 2 years
We hope that this information on Hawaii Collection Agencies assists you in finding a Hawaii collection agency and researching Hawaii collection laws.
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