Kentucky Statute of Limitations

Every Kentucky Collection Agency may collect files in Bowling Green, Covington, Frankfort, Henderson, Hopkinsville, Jeffersontown, Lexington, Fayette, Louisville, Owensboro, and Richmond. Fidelity Information Corporation is a nationally recognized collection agency successfully collecting in every state including Kentucky.

Recover your delinquent accounts through an Kentucky Collection Agency Service. Kentucky 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 Kentucky 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 Kentucky state debt recovery laws including: Kentucky Statutes, Kentucky Judgments, Kentucky Garnishments, Kentucky Interest Rates, and Kentucky Bad Check Laws.

STATE: KENTUCKY

Interest Rate

• Legal: 8%
• Judgment: 12%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 5
• Written Contract: 15
• Oral Contract: 5
• Domestic Judgment: 15
• Foreign Judgment: 15
• Sale of Goods: 4
• Promissory Notes: 6

BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
75% of disposable income or 30 x fed. min. hourly wage, whichever is greater.