Utah Collection Agencies
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One way to recover more from your delinquent accounts is to hire Utah collection agencies. Utah collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Utah collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Utah 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 Utah collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Utah 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 Utah collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Bountiful, Centerville, Cottonwood Heights, Draper, Kearns, Layton, Logan, Midvale, Murray, Ogden, Orem, Provo, Roy, Salt Lake City, Sandy, South Jordan, St George, Taylorsville, West Jordan, West Valley City and other Utah cities.
Utah Collection Laws
The following is a summary of the Utah 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 Utah Collection Laws page, and we assume no liability for its use.
- Utah Collection Laws Interest Rate
Legal: 7.35%
Judgment: Contract rate or Federal Judgment Rate - Utah Collection Laws Statute Of Limitations (Years)
Open account: 4
Written Contract: 6
Domestic Judgment: 8
Foreign Judgment: 8
- Utah Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Certified statutory bad check notice must be sent. Amount due, interest, court costs, reasonable attorney's fees, plus $15 bad check fee - Utah Collection Laws General Garnishment Exemptions
$142.50 of disposable earnings for wages paid weekly
- Utah Collection Laws Collection Agency Bond & Licensing Rules
Bond: $10,000
License: Yes
Fee: Varies by City and County
We hope that this information on Utah Collection Agencies assists you in finding a Utah collection agency and researching Utah collection laws.
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