
| Rapid Recovery Locations |
| Andover Andover, MA 01810 Boston Boston, MA 02116 Boston, MA 02109 Boston, MA 02110 Burlington Burlington, MA 01803 Cambridge Cambridge, MA 02139 Cambridge, MA 02142 Charlestown Charlestown, MA 02129 Framingham Framingham, MA 01701 Marlborough Marlborough, MA 01752 Newton Newton, MA 02466 Waltham Waltham, MA 02451 Wellesley Hills Wellesley Hills, MA 0248 |
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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. |