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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 Legal: 10% Judgment: 10% 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 Bond: No License: No Fee: No Caveats: 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. |