Vermont Statute of Limitations

Vermont Collection Agency Laws

Every Vermont Collection Agency may collect files in Barre, Bennington, Brattleboro, Burlington, Colchester, Essex, Hartford, Milton, Rutland, and South Burlington.

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


STATE: VERMONT

Interest Rate

  • Legal: 12%
  • Judgment: 12%

STATUTE OF LIMITATIONS (IN YEARS)

  • Retail Installment Contracts: 4
  • Witnessed Promissory Note: 14
  • Open Account: 6
  • Written Contract: 6
  • Domestic Judgment: 8
  • Foreign Judgment: 8

BAD CHECK LAWS (CIVIL PENALTY)
Court costs, amount of check, attorney fees, damage of $50. (Notice required).

GENERAL GARNISHMENT EXEMPTIONS
$75% of earning above minimum wage or what is necessary to live. 85% if personal, family or house held debt.


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