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One way to recover more from your delinquent accounts is to hire a Alabama Collection Agency. Rapid Recovery, a Collection Agency with offices in Birmingham, Montgomery, and Mobile, 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 Alabama debtors in these cities: Alabaster, Albertville, Alexander, Anniston Athens, Auburn, Bessemer, Birmingham, Daphne, Decatur, Dothan, Enterprise, Florence, Gadsden, Homewood, Hoover, Huntsville, Mobile, Montgomery, Tuscaloosa and other Alabama cities.
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Alabama Collection Laws
The following is a summary of the Alabama 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 Alabama Collection Laws page, and we assume no liability for its use.
Alabama Collection Laws Interest Rate
Legal: 6%
Judgment: 12%
Alabama Collection Laws Statute Of Limitations (Years)
Open account: 3
Written Contract: 6
Domestic Judgment: 20
Foreign Judgment: 20
Alabama Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Greater of $10 or Actual Bank Charges
Alabama Collection Laws General Garnishment Exemptions
75% of wages are exempt from garnishment
Alabama Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: Yes
Fee:
$25 - Population under 20,000
$100 - Population over 20,000
Exemption for out-of-state collectors: Business License not required for out-of-state agency.
Rapid Recovery hopes that this information assists you in finding a Alabama Collection Agency and researching Alabama collection laws.
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