Iowa Commercial Credit & Collection Information
INTEREST RATE
STATUTE OF LIMITATIONS
(IN YEARS)
- Open Acct.: 5
- Written Contract: 10
- Domestic Judgment:
10-can be renewed in the 9th year
- Foreign Judgment:
10-can be renewed in the 9th year
BAD CHECK LAWS (CIVIL
PENALTY reference 554.3513 )
Triple check up to $500 over check amount
GENERAL GARNISHMENT
EXEMPTIONS
See federal law.
COLLECTION AGENCY BOND
& LICENSE
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