Nebraska Collection Agencies
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One way to recover more from your delinquent accounts is to hire Nebraska collection agencies. Nebraska collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Nebraska collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Nebraska 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 Nebraska collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Nebraska 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 Nebraska collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Alliance, Beatrice, Bellevue, Chalco, Columbus, Freemont, Grand Island, Hastings, Kearney, La Vista, Lexington, Lincoln, McCook, Norfolk, North Platte, Omaha, Papillion, Scottsbluff, South Sioux City, York and other Nebraska cities.
Nebraska Collection Laws
The following is a summary of the Nebraska 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 Nebraska Collection Laws page, and we assume no liability for its use.
- Nebraska Collection Laws Interest Rate
Legal: 12% per written instrument or contract rate
Judgment: 1% above bond equivalent yield as published by U.S. Treasury
- Nebraska Collection Laws Statute Of Limitations (Years)
Contract: 5 Domestic
Judgment: 5 renewable every 5
Foreign Judgment: 5 nonrenewable
- Nebraska Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Amount due, costs, protest fees - Nebraska Collection Laws General Garnishment Exemptions
Greater of 75% disposable earnings (85% if head of household), or 30 x Federal minimum hourly wage
- Nebraska Collection Laws Collection Agency Bond & Licensing Rules
Bond: Based on Lic. Solic. Less Than 5 = 5,000, 5-15=$10,000, 16-Up=$15,000
License: Yes
Fee: (not to exceed)
$250 - Investigation
$200 - Original
$100 - Renewal
$50 - Investigation Branch Office
$35 - Original Branch Office
Exemption for out-of-state collectors: Out-of-state collectors are exempt if [1] communicating by interstate means (phone, fax, mail); and [2] are "regulated" by the laws of another state.
We hope that this information on Nebraska Collection Agencies assists you in finding a Nebraska collection agency and researching Nebraska collection laws.
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