Wyoming Collection Agencies
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One way to recover more from your delinquent accounts is to hire Wyoming collection agencies. Wyoming collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Wyoming collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Wyoming 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 Wyoming collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Wyoming 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 Wyoming collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Buffalo, Casper, Cheyenne, Cody, Douglas, Evanston, Gilette, Green River, Jackson, Kemmerer, Lander, Laramie, Powell, Rawlins, Riverton, Rock Springs, Sheridan, Thermopolis, Torrington, Wheatland and other Wyoming cities.
Wyoming Collection Laws
The following is a summary of the Wyoming 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 Wyoming Collection Laws page, and we assume no liability for its use.
- Wyoming Collection Laws Interest Rate
Legal: 7%
Judgment: contract rate or 10% judgment rate - Wyoming Collection Laws Statute Of Limitations (Years)
Open account: 8
Written Contract: 10
Domestic Judgment: 5
Foreign Judgment: 5
- Wyoming Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Double the face amount plus damages equal to collection cost and reasonable attorney fees - Wyoming Collection Laws General Garnishment Exemptions
See federal law for consumer credit sale, lease or loan. Up to 65% for child support arrearage - Wyoming Collection Laws Collection Agency Bond & Licensing Rules
Bond: $10,000
License: Yes
Fee:
$200 - Original
$100 - Renewal
$100 - Branch
Exemption for out-of-state collectors: Out-of-state agencies may bypass licensing if they are not [1] soliciting clients in Wyoming; or [2] collecting for Wyoming creditors.
We hope that this information on Wyoming Collection Agencies assists you in finding a Wyoming collection agency and researching Wyoming collection laws.
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