Delaware Statute of Limitations

Every Delaware Collection Agency may collect files in Dover, Elsmere, Georgetown, Middletown, Milford, New Castle, Newark, Seaford, Smyrna, and Wilmington. Fidelity Information Corporation is a nationally recognized collection agency successfully collecting in every state including Delaware.

Recover your delinquent accounts through an Delaware Collection Agency Service. Delaware collection agency services can locate debtors and collect the money owed to your business, practice or facility. Using Fidelity Information Corporation or OldDebts as your Delaware collection agency service can save you time and money.

With our custom-designed debt collection system, our collection agency can be more effective in recovering delinquent accounts, after more than 31 days have passed. We offer two ways to collect, which are our contingency method or our low flat fee instead of a percentage.

Following is some important information on Delaware state debt recovery laws including: Delaware Statutes, Delaware Judgments, Delaware Garnishments, Delaware Interest Rates, and Delaware Bad Check Laws.

STATE: DELAWARE

Interest Rate

• Prejudgment interest at legal rate: 6% (as of 12/2002) or contractual rate.
• Post-judgment interest at legal or contract rate

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 4
• Sales of Goods (UCC): 4
• Written Contract: 3
• Promissory Notes: 6
• Personal Injury and Damage to Personal Property: 2
• Judgments: 10
• Justice of the Peace Court: 3
• Superior Court: 10

BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
Wage garnishment may not exceed 15% of disposable earnings or reduce disposable earnings to less than $150.00 a week.