Oklahoma Statute of Limitations

Every Oklahoma Collection Agency may collect files in Broken Arrow, Edmond, Enid, Lawton, Midwest-City, Moore, Norman, Oklahoma City, Stillwater, and Tulsa. Fidelity Information Corporation is a nationally recognized collection agency successfully collecting in every state including Oklahoma.

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

STATE: OKLAHOMA

Interest Rate

• Legal: 6%
• Judgment: 10.25% for 2007 (Rate changes on January 1st of each year and is two percentage points above the prime interest rate quoted in the Wall Street Jornal on the first business day of the year).

STATUTE OF LIMITATIONS (IN YEARS)

• Sale of Goods Governed by UCC: 5
• Open Account: 3
• Written Contract: 5
• Domestic Judgment: 5 renewable
• Foreign Judgment: 5 renewable

BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
State law: 75% of earnings exempted, more if hardship established. All federal exemptions apply.