Collection Agency | Free Collection Agencies Information

Does someone owe you money for the product or service you provided? Find out how to get paid by using a collection agency, find collection agencies, and learn about the Fair Debt Collection Practices Act (FDCPA).

  • Home
  • Agencies
  • Collection Letter Samples
  • Debt Collection Laws
  • Articles
  • Videos

Debt Collections » Laws » Missouri Debt Collection Laws

Missouri Debt Collection Laws

Missouri Debt Collection Laws

In addition to being regulated by the Fair Debt Collection Practices Act (FDCPA), Missouri collection agencies are also regulated by Missouri debt collection laws. Discover: Missouri collection requirements, bad check laws (NSF), statutes of limitations for both debts and judgments, garnishments plus Missouri collection agency license and bonding information.

Summary of the Missouri fair debt collection practices laws:

MISSOURI INTEREST RATE

Legal: 9%
Judgment: 9%

MISSOURI STATUTE OF LIMITATIONS |in years|

Sale of Goods: 4
Open Accounts: 5
Written Contract: 10
Money & Property:
Domestic Judgment: 10 |Revived every 3 years|
Foreign Judgment: 10 |Revived every 3 years|

MISSOURI BAD CHECK LAWS |NSF|

Three times face amount owed or $100 whichever is greater not to exceed $500 |exclusive of attorney fees|

MISSOURI WAGE GARNISHMENT EXEMPTIONS

See federal law; exempt 90% of week’s net pay, head of household, single person w/o depend. = 75%

MISSOURI COLLECTION AGENCY BONDING and LICENSING REQUIREMENTS

Bond: No
License: No
Fee: No

Below is the Missouri debt collection statute:

We could not locate a Missouri state statute regulating debt collection agencies. That does not mean one does not exist.

Missouri Debt Collection Laws

Missouri Debt Collection Laws
Debt Collection Laws
Knowing and abiding to the proper Missouri debt collection laws is important for both creditors and collection agencies alike. There are debtor’s rights attorneys who are just waiting for creditors or collection agencies to slip up. If you mistakenly violate the Missouri debt collection laws, you could create a liability for your business and even open yourself up to a expensive lawsuit.

Please note: Missouri debt collection laws can change over time, and you need to consult with an attorney before you use this information.

Missouri Debt Collection Laws

debt collection laws, missouri debt collection laws, missouri collection laws, debt collection laws in missouri, missouri collection agency laws, collection laws in missouri, debt collection laws missouri

Filed Under: Laws Tagged With: attorney fees, Business Finance, collection agencies, collection agency, collection agency license, collection practices act, collection practices laws, credit card, debt collection, debt collection agencies, debt collection laws, debt collection practices, debt collection statute, Domestic Judgment, expensive lawsuit, fair debt collection, fair debt collection practices, fair debt collection practices act, fair debt collection practices act fdcpa, federal law, Federal Trade Commission, head of household, information summary, Law Crime, Laws Missouri Debt, licensing requirements, MISSOURI BAD CHECK, missouri collection, missouri collection agencies, Missouri collection agency, Missouri collection requirements, missouri debt collection, Missouri fair debt, MISSOURI INTEREST RATE, missouri state statute, missouri statute of limitations, Missouri Wage Garnishment, money property, National Science Foundation, net pay, open accounts, proper missouri debt, REQUIREMENTS Bond, rights attorneys, See federal law, single person, statute of limitations, statutes of limitations, Three times, wage garnishment, years| foreign judgment, years| sale

    Free Collection Agency Quotes

    Are you a business looking to collect a debt?







    captcha

    Get 100% FREE Collection Agency Quotes from Pre-Qualified and Licensed HIPAA & FDCPA Compliant Agencies Today.

    Privacy | Collection Agencies Reviews | Industries | About | Questions | Software
    © Collection Agency Information | Collection Agency | Free Collection Agencies Information