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One way to recover more from your delinquent accounts is to hire a Massachusetts Collection Agency. Rapid Recovery, a Collection Agency with offices in Boston, Worcester, and Springfield, can locate debtors and collect the money owed to your business, practice or facility. If used early, Rapid Recovery Solution can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using Rapid Recovery Solution can save you a lot time and money — two of your most valuable resources. With their custom-designed debt collection systems, computers and software, Rapid Recovery Solution can be more effective in recovering delinquent accounts than you can. Rapid Recovery Solution is most likely to collect on your files if placed in the 60-90 days from the date the money was due.
Rapid Recovery Solution is a National Collection Agency handling Massachusetts debtors in these cities: Boston, Brockton, Brookline, Cambridge, Chicopee, Fall River, Framingham, Haverhill, Lowell, Lynn, Malden, Medford, New Bedford, Newton, Quincy, Somerville, Springfield, Taunton, Waltham, Worcester and other Massachusetts cities.
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Massachusetts Collection Laws
The following is a summary of the Massachusetts Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise. We make no warranty, express or implied concerning any information contained on this Massachusetts Collection Laws page, and we assume no liability for its use.
Massachusetts Collection Laws Interest Rate
Legal: 6%
Judgment: 12%
Contract: 12%
Massachusetts Collection Laws Statute Of Limitations (Years)
Open account on Contract: 6
Contract: 6
Sales (UCC) Contract: 4
Domestic Judgment: 20 (presumed satisfied after 20 years)
Foreign Judgment: 20
Contracts Under Seal: 20
Massachusetts Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Amount due, costs of suit, protest fees
Additional damages $100 - $500 can be assessed
Massachusetts Collection Laws General Garnishment Exemptions
$125 week
Massachusetts Collection Laws Collection Agency Bond & Licensing Rules
Bond: $10,000 - $25,000
License: Yes
Fee: Determined by commissioner
Rapid Recovery hopes that this information assists you in finding a Massachusetts Collection Agency and researching Massachusetts collection laws.
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