Kentucky Collection Agencies
Do you want a free, no obligation Kentucky collection agency services quote? Just complete the quick form to the left, and a top rated Kentucky collection agency will provide you with a free collections quote ASAP.
One way to recover more from your delinquent accounts is to hire Kentucky collection agencies. Kentucky collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Kentucky collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Kentucky 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 Kentucky collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Kentucky 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 Kentucky collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Ashland, Bowling Green, Covington, Elizabethtown, Florence, Frankfort, Georgetown, Henderson, Hopkinsville, Jeffersontown, Lexington, Louisville, Madisonville, Newburg, Owensboro, Paducah, Pleasure Ridge, Radcliff, Richmond, Valley Station and other Kentucky cities.
Kentucky Collection Laws
The following is a summary of the Kentucky 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 Kentucky Collection Laws page, and we assume no liability for its use.
- Kentucky Collection Laws Interest Rate
Legal: 8%
Judgment: 12%
- Kentucky Collection Laws Statute Of Limitations (Years)
Open account: 5
Written Contract: 15
Oral Contract: 5
Domestic Judgment: 15
Foreign Judgment: 15
- Kentucky Collection Laws Bad Check Laws (NSF) (Civil Penalty)
N/A
- Kentucky Collection Laws General Garnishment Exemptions
75% of disposable income or 30 times the federal minimum hourly wage (whichever is greater)
- Kentucky Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: No
Fee: No
We hope that this information on Kentucky Collection Agencies assists you in finding a Kentucky collection agency and researching Kentucky collection laws.
Get A Free
Kentucky Collection Agency Quote Now!
Collection Agency services can also go to Credit Card Merchant Sales and get a rate reduction quote for your credit card processor fees. See website for details!
