Idaho Collection Agencies
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One way to recover more from your delinquent accounts is to hire Idaho collection agencies. Idaho collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Idaho collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Idaho 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 Idaho collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Idaho 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 Idaho collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Ammon, Blackfoot, Boise, Burley, Caldwell, Chubbuck, Coeur D'Alene, Eagle, Garden City, Hayden, Idaho Falls, Jerome, Lewiston, Meridian, Moscow, Mountain Home, Nampa, Pocatello, Post Falls, Rexburg and other Idaho cities.
Idaho Collection Laws
The following is a summary of the Idaho 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 Idaho Collection Laws page, and we assume no liability for its use.
- Idaho Collection Laws Interest Rate
Legal: 12%
Judgment: 10.875% plus the base rate
- Idaho Collection Laws Statute Of Limitations (Years)
Open account: 4
Oral Contract: 4
Written Contract: 5
Domestic Judgment: 5 renewable
Foreign Judgment: 6 renewable
- Idaho Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Triple amount of check up to $500 over the check amount - Idaho Collection Laws General Garnishment Exemptions
See federal law - Idaho Collection Laws Collection Agency Bond & Licensing Rules
Bond: $5,000 initial
License: Yes
Fee: $100 -permit fee $50 - renewal
Exemption for out-of-state collectors: Out-of-state collectors may qualify for a special license if [1] only collecting for client; and [2] are licensed and bonded by any state.
We hope that this information on Idaho Collection Agencies assists you in finding a Idaho collection agency and researching Idaho collection laws.
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