Wednesday, January 4, 2012

Debt State Statutes in Missouri

WAGE GARNISHMENT EXEMPTIONS: 90% of weekly net earnings if head of household; if single without dependents, 75%



MAXIMUM INTEREST RATE: Legal: 9% Judgment: 9%



STATUTE OF LIMITATIONS ON ENFORCEMENT:



Open Account (credit card): 5 years

Written Contract: 10 years

Domestic Judgment: 10 years (renewable every 3 years)

Foreign Judgment: 10 (renewable every 3 years)

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