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One way to recover more from your delinquent accounts is to hire a Missouri Collection Agency. Rapid Recovery, a Collection Agency with offices in Kansas City, Saint Louis, 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 Missouri debtors in these cities: Ballwin, Blue Springs, Cape Girardeau, Chesterfield, Columbia, Florissant, Independence, Jefferson City, Joplin, Kansas City, Lee's Summit, Oakville, Raytown, Springfield, St. Charles, St. Joseph, St. Peters, St. Louis, University City, Wildwood and other Missouri cities.
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Missouri Collection Laws
The following is a summary of the Missouri 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 Missouri Collection Laws page, and we assume no liability for its use.
Missouri Collection Laws Interest Rate
Legal: 9%
Judgment: 9%
Missouri Collection Laws Statute Of Limitations (Years)
Sale of Goods: 4
Open account: 5
Written Contract: 10
Money & Property:
Domestic Judgment: 10 (Revived every 3 years)
Foreign Judgment: 10 (Revived every 3 years)
Missouri Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Three times face amount owed or $100 whichever is greater not to exceed $500 (exclusive of attorney fees)
Missouri Collection Laws General Garnishment Exemptions
See federal law; exempt 90% of week's net pay, head of household, single person w/o depend. = 75%
Missouri Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: No
Fee: No
Rapid Recovery hopes that this information assists you in finding a Missouri Collection Agency and researching Missouri collection laws.
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