Debt recovery
Learn how collection agency help businesses collect the bad debt owed to them.
Sunday, December 25, 2011
Debt State Statutes in Iowa
MAXIMUM INTEREST RATE: Legal: 5% Judgment: 10%
STATUTE OF LIMITATIONS FOR ENFORCEMENT:
Open Account (
credit cards
): 5 years
Written Contract: 10 years
Domestic Judgment: 10 (renewable)
Foreign Judgment: 10 (renewable)
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