Virginia Statute of Limitations

Every Virginia Collection Agency may collect files in Alexandria, Arlington, Chesapeake, Hampton, Newport News, Norfolk, Portsmouth, Richmond, Roanoke, and Virginia Beach. Fidelity Information Corporation is a nationally recognized collection agency successfully collecting in every state including Virginia.

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

STATE: VIRGINIA

Interest Rate

• Legal: 8%
• Judgment: 9% or contract rate, whichever is higher

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 3 (last charge or payment)
• Written Contract: 5
• Sales of Goods under Article 2: 4
• Domestic Judgment: 20
• Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)
Lesser of $250 or three times check amount.

GENERAL GARNISHMENT EXEMPTIONS
See federal law.