Arizona Commercial Credit & Collection Information
INTEREST RATE
- Legal: 10%
- Judgment: 10% or
contractual
STATUTE OF LIMITATIONS
(IN YEARS)
- Open Acct.: 3
- Written Contract: 6
in AZ. - 4 outside AZ.
- Domestic Judgment:
5-additional 5 upon request (indefinitely)
- Foreign Judgment: 4
BAD CHECK LAWS (CIVIL
PENALTY)
Greater of $50 or
Twice the amount of check, costs of suit, reasonable attorney fees.
GENERAL GARNISHMENT
EXEMPTIONS
See federal law.
COLLECTION AGENCY BOND
& LICENSE
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