Rhode Island Collection Agencies
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One way to recover more from your delinquent accounts is to hire Rhode Island collection agencies. Rhode Island collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Rhode Island collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Rhode Island 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 Rhode Island collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Rhode Island 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 Rhode Island collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Barrington, Bristol, Central Falls, Cranston, Cumberland Hill, East Providence, Greenville, Kingston, Newport, North Providence, Pascoag, Pawtucket Providence, Tiverton, Valley Falls, Wakefield Warwick, West Warwick, Westerly, Woonsocket and other Rhode Island cities.
Rhode Island Collection Laws
The following is a summary of the Rhode Island 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 Rhode Island Collection Laws page, and we assume no liability for its use.
- Rhode Island Collection Laws Interest Rate
Legal: 12%
Judgment: 12% - Rhode Island Collection Laws Statute Of Limitations (Years)
Open account: 10
Written Contract: 10
Domestic Judgment: 20
Foreign Judgment: 20
- Rhode Island Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Amount of check, $25 fee & treble damage up to $1000 - Rhode Island Collection Laws General Garnishment Exemptions
See federal law - Rhode Island Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: No
Fee: No
We hope that this information on Rhode Island Collection Agencies assists you in finding a Rhode Island collection agency and researching Rhode Island collection laws.
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