Mississippi Collection Agencies
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One way to recover more from your delinquent accounts is to hire Mississippi collection agencies. Mississippi collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Mississippi collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Mississippi 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 Mississippi collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Mississippi 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 Mississippi collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Biloxi, Brandon, Clarksdale, Clinton, Columbus, Greenville, Greenwood, Hattiesburg, Jackson, Laurel, Long Beach, Meridian, Natchez, Ocean Springs, Olive Branch, Pascagoula, Pearl, Ridgeland, Southaven, Starkville and other Mississippi cities.
Mississippi Collection Laws
The following is a summary of the Mississippi 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 Mississippi Collection Laws page, and we assume no liability for its use.
- Mississippi Collection Laws Interest Rate
Legal: 8%
Judgment: amount in contract if no contract amount court decides
- Mississippi Collection Laws Statute Of Limitations (Years)
Open account: 3
Written Contract: 3
UCC: 6
Domestic Judgment: 7
Foreign Judgment: 7 (3 if resident)
- Mississippi Collection Laws Bad Check Laws (NSF) (Civil Penalty)
On checks up to and including $25.00, additional damages would be 100% of check amount. On checks from $25.01 to $200.00, additional damages would be 50% of check amount but not less than $25.00. On checks over $200.00 additional damages would be 25% of check amount. - Mississippi Collection Laws General Garnishment Exemptions
See federal law - Mississippi Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: City-Business
Fee: $15-$50
We hope that this information on Mississippi Collection Agencies assists you in finding a Mississippi collection agency and researching Mississippi collection laws.
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