Louisiana Statute of Limitations

Louisiana Collection Agency Laws

Every Louisiana Collection Agency may collect files in Alexandria, Baton Rouge, Bossier-City, Kenner, Lafayette, Lake Charles, Monroe, New Iberia, New Orleans, and Shreveport.

Recover your delinquent accounts through an Louisiana Collection Agency Service. Louisiana collection agency services can locate debtors and collect the money owed to your business, practice or facility. Using a Louisiana 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 Louisiana state debt recovery laws including: Louisiana Statutes, Louisiana Judgments, Louisiana Garnishments, Louisiana Interest Rates, and Louisiana Bad Check Laws.


STATE: LOUISIANA

Interest Rate

  • Legal: 9.5% from 01/01/02007
  • Judgment: 9.5% from 01/01/02007

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 3
  • Written Contract: 10
  • Promisoory notes: 5
  • Domestic Judgment: 10
  • Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)
After 30 day written demand (certified or registered), twice check amount, plus attorney fees & court costs.

GENERAL GARNISHMENT EXEMPTIONS
75% disposable earnings per work week, but not less than 30 x fed. min. hourly wage.


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