Montana Collection Agencies
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One way to recover more from your delinquent accounts is to hire Montana collection agencies. Montana collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Montana collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Montana 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 Montana collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Montana 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 Montana collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Anaconda, Belgrade, Billings, Bozeman, Butte, Evergreen, Glendive, Great Falls, Harve, Helena, Helena, Kalispell, Laurel, Lewistown, Livingston, Miles, Missoula, Orchard Homes, Sidney, Whitefish and other Montana cities.
Montana Collection Laws
The following is a summary of the Montana 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 Montana Collection Laws page, and we assume no liability for its use.
- Montana Collection Laws Interest Rate
Legal: 10%
Judgment: 10%
A binding written agreement may provide for interest of 15% or 6% above prime
- Montana Collection Laws Statute Of Limitations (Years)
Open account: 5
Written Contract: 8
Domestic Judgment: 6 (over $5000) Renewable
Foreign Judgment: 6 Renewable
- Montana Collection Laws Bad Check Laws (NSF) (Civil Penalty)
$100 minimum or 3 times face value up to $500
- Montana Collection Laws General Garnishment Exemptions
See federal law - Montana Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: No
Fee: No
Caveats:
Foreign corporations should register with MT Sec. of State prior to any suit in MT Courts or risk dismissal. Attorney fees only if provided by a signed written agreement.
We hope that this information on Montana Collection Agencies assists you in finding a Montana collection agency and researching Montana collection laws.
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