Oregon Statute of Limitations

Oregon Collection Agency Laws

Every Oregon Collection Agency may collect files in Beaverton, Bend, Corvallis, Eugene, Gresham, Hillsboro, Medford, Portland, Salem, and Springfield.

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


STATE: OREGON

Interest Rate

  • Statutory + Judgment: 9% simple interest per annum (unless specified by contract)

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 6
  • Written Contract: 6
  • Sale of Goods: 6 (4 years UCC Transaction)
  • Domestic Judgment: 10 renewable at 10
  • Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)
Can recover reasonable attorney fees & statutory damages of three times the amount of the NSF check plus $500 if demand letter is sent to debtor 30 days before suit is filed.

GENERAL GARNISHMENT EXEMPTIONS
75% of disposable earnings or 40 x fed. min. hourly wage.


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