Friday, December 9, 2011

Debt State Statutes in Arizona


WAGE GARNISHMENT EXEMPTION: Federal law applies


MAXIMUM INTEREST RATES


Legal: 10% Judgment: 10% or contractual


STATUTE OF LIMITATIONS ON DEBT COLLECTION

Open Account (credit card): 3 years

Written Contract: 6 years (4 years if outside state)

Domestic Judgment: 5 years (can be renewed indefinitely)

Foreign Judgment: 4 years

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