Mississippi Statute of Limitations

Every Mississippi Collection Agency may collect files in Biloxi, Greenville, Gulfport, Hattiesburg, Jackson, Meridian, Pascagoula, Southhaven, Tupelo, and Vicksburg. Fidelity Information Corporation is a nationally recognized collection agency successfully collecting in every state including Mississippi.

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

STATE: MISSISSIPPI

Interest Rate

• Legal: 8%
• Judgment: amount is contract, if no contract amount - court decides.

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 3
• Written Contract: 3
• Sales (UCC) Contract: 6
• Domestic Judgment: 7
• Foreign Judgment: 7 (3 if resident)
• Deficiency Suit: 1 year from date of sale

BAD CHECK LAWS (CIVIL PENALTY)
On checks up to and including $25.00, additional damages would be 100% of check amount. On checks from $25.01 to $200.00, additional damages would be 50% of check amount but not less that $25.00. On checks over $200.00, additional damages would be 25% of check amount.

GENERAL GARNISHMENT EXEMPTIONS
See federal law. State Law: 30 days wages after service of process.