Kansas Commercial Credit & Collection Information
INTEREST RATE
-
Legal: 10%
(16-201)
-
Judgment: 4% above federal discount rate (16-204)
STATUTE OF LIMITATIONS
(IN YEARS)
- Open Acct.: 3
- Written Contract: 5
- Domestic Judgment: 5
renewable
- Foreign Judgment: 5
renewable
BAD CHECK LAWS (CIVIL
PENALTY)
Three times check amount not exceeding the check amount by $500 or $100
whichever is greater plus attorney fees
GENERAL GARNISHMENT
EXEMPTIONS
- See Federal Law
- Plus other personal
property, benefit exemptions, and homestead
COLLECTION AGENCY BOND
& LICENSE
- Bond: No
- License: No
- Fee: No
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