Friday, December 9, 2011

Debt State Statutes in Alaska

WAGE GARNISHMENT EXEMPTION
75% of employee's weekly net income or $402.50, whichever is more. Federal law applies if it provides a more generous exemption.
MAXIMUM INTEREST RATE
Legal: 10.5% Judgment: 10.5% or contractual
STATUTE OF LIMITATIONS ON DEBT COLLECTION
Sale of Goods: 4 years
Written Contract: 6 years
Domestic Judgment: 10 years
Foreign Judgment: 10 years

No comments:

Post a Comment