South Carolina Collection Agencies
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One way to recover more from your delinquent accounts is to hire South Carolina collection agencies. South Carolina collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, South Carolina collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a South Carolina 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 South Carolina collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most South Carolina 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 South Carolina collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Aiken, Anderson, Charleston, Columbia, Easley, Florence, Goose Creek, Greenville, Greenwood, Hilton Head Island, Mount Pleasant, Myrtle Beach, North Augusta, North Charleston, Rock Hill, Spartanburg, St Andrews, Summerville, Sumter, Taylors and other South Carolina cities.
South Carolina Collection Laws
The following is a summary of the South Carolina 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 South Carolina Collection Laws page, and we assume no liability for its use.
- South Carolina Collection Laws Interest Rate
Legal: 8.75%
Judgment: 12%
- South Carolina Collection Laws Statute Of Limitations (Years)
Open account: 3
Written Contract: 3
Domestic Judgment: 10
Foreign Judgment: 10
- South Carolina Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Reasonable court costs amount of check& damages up to $500 or 3x check amount whichever is smaller
- South Carolina Collection Laws General Garnishment Exemptions
100% - South Carolina Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: Yes - all business
Fee: No
Exemption for out-of-state collectors: License required for instate agency only.
We hope that this information on South Carolina Collection Agencies assists you in finding a South Carolina collection agency and researching South Carolina collection laws.
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