New York Statute of Limitations

Every New York Collection Agency may collect files in Albany, Buffalo, Mount Vernon, New Rochelle, New York, Rochester, Schenectady, Syracuse, Utica, and Yonkers. Fidelity Information Corporation is a nationally recognized collection agency successfully collecting in every state including New York.

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

STATE: NEW YORK

Interest Rate

• Legal: 16%
• Judgment: 9%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 6
• Sale of Goods: 4
• Written Contract: 6
• Domestic Judgment: 20 (10 year renewable lien)
• Foreign Judgment: 20 (10 year renewable lien)

BAD CHECK LAWS (CIVIL PENALTY)
Face value of check plus two time scheck amount up to a maximum of $400 on NSF or $750 on "no account" (Demand prescribed by law). GEN.OB 1.1-104

GENERAL GARNISHMENT EXEMPTIONS
90% of earnings, except 1st $154.50 week wholly exempt (only if the person earns minimum wage).