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||Montana Collection Laws
The following is a summary of the Montana 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 Montana Collection Laws page, and we assume no liability for its use.
Montana Collection Laws Interest Rate
A binding written agreement may provide for interest of 15% or 6% above prime
Montana Collection Laws Statute Of Limitations (Years)
Open account: 5
Written Contract: 8
Domestic Judgment: 6 (over $5000) Renewable
Foreign Judgment: 6 Renewable
Montana Collection Laws Bad Check Laws (NSF) (Civil Penalty)
$100 minimum or 3 times face value up to $500
Montana Collection Laws General Garnishment Exemptions
See federal law
Montana Collection Laws Collection Agency Bond & Licensing Rules
Foreign corporations should register with MT Sec. of State prior to any suit in MT Courts or risk dismissal. Attorney fees only if provided by a signed written agreement.
Rapid Recovery hopes that this information assists you in finding a Montana Collection Agency and researching Montana collection laws.