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Arkansas Collection Agency

One way to recover more from your delinquent accounts is to hire a Arkansas Collection Agency. Rapid Recovery, a Collection Agency with offices in Little Rock, Fort Smith, and Fayetteville, 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 Arkansas debtors in these cities: Benton, Blytheville, Conway, El Dorado, Fayetteville, Fort Smith, Hot Springs, Jacksonville, Jonesboro, Little Rock, North Little Rock, Paragould, Pine Bluff, Rogers, Russellville, Searcy, Sherwood, Springdale, Texarkana, Van Buren and other Arkansas cities.


Arkansas Collection Laws

The following is a summary of the Arkansas 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 Arkansas Collection Laws page, and we assume no liability for its use.


Arkansas Collection Laws Interest Rate

Legal: 6% or 5 points above the Federal discount rate
Judgment: Contract rate or 10% per annum whichever is greater


Arkansas Collection Laws Statute Of Limitations (Years)

Open account: 3
Written Contract: 5 (partial payment stops the statute from running)
Sale of Goods: (UCC-2) - 4
Domestic Judgment: 10 - Renewable
Foreign Judgment: 10


Arkansas Collection Laws Bad Check Laws (NSF) (Civil Penalty)

Twice amount of check - prior to double charge - can start out with $15 charge per NSF check after 30 days.


Arkansas Collection Laws General Garnishment Exemptions

$500 head of family; $200 single. Includes personal property except clothing.


Arkansas Collection Laws Collection Agency Bond & Licensing Rules

Bond: $5000 to $25000
License: Yes
Fee: $125 - $5 each employee



Rapid Recovery hopes that this information assists you in finding a Arkansas Collection Agency and researching Arkansas collection laws.