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Louisiana Collection Agency

One way to recover more from your delinquent accounts is to hire a Louisiana Collection Agency. Rapid Recovery, a Collection Agency with offices in New Orleans, Baton Rouge, Shreveport, 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 Louisiana debtors in these cities: Alexandria, Baton Rouge, Bossier City, Chalmette, Harvey, Houma, Kenner, Lafayette, Lake Charles, Laplace, Marrero, Metairie, Monroe, New Iberia, New Orleans, Opelousas, Ruston, Shreveport, Slidell, Sulphur and other Louisiana cities.



Louisiana Collection Laws

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


Louisiana Collection Laws Interest Rate

Legal: 9.75%
Judgment: 9.75%


Louisiana Collection Laws Statute Of Limitations (Years)

Open account: 3
Written Contract: 10
Promissory Notes: 5
Domestic Judgment: 10
Foreign Judgment: 10


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

After 30 day written demand (certified or registered), twice check amount. Attorney fees & court costs


Louisiana Collection Laws General Garnishment Exemptions

75% disposable earnings per work week, but not less than 30 x Federal minimum hourly wage


Louisiana Collection Laws Collection Agency Bond & Licensing Rules

Bond: Yes - $10,000
License: Yes
Fee:
$200 Initial
$200 Investigation
$200 Renewal
$100 Branch
$100 Branch Renewal




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