Thursday, January 5, 2012

Debt State Statutes in Montana

WAGE GARNISHMENT EXEMPTION: Federal law applies



MAXIMUM INTEREST RATE: Legal: 10% Judgment: 10% or contract rate



STATUTE OF LIMITATIONS ON ENFORCEMENT:



Open Account (credit cards): 5 years

Written Contract: 8 years

Domestic Judgment: 6 years (Renewable)

Foreign Judgment: 6 (Renewable)


No comments:

Post a Comment