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||Nebraska Collection Laws
The following is a summary of the Nebraska 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 Nebraska Collection Laws page, and we assume no liability for its use.
Nebraska Collection Laws Interest Rate
Legal: 12% per written instrument or contract rate
Judgment: 1% above bond equivalent yield as published by U.S. Treasury
Nebraska Collection Laws Statute Of Limitations (Years)
Contract: 5 Domestic
Judgment: 5 renewable every 5
Foreign Judgment: 5 nonrenewable
Nebraska Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Amount due, costs, protest fees
Nebraska Collection Laws General Garnishment Exemptions
Greater of 75% disposable earnings (85% if head of household), or 30 x Federal minimum hourly wage
Nebraska Collection Laws Collection Agency Bond & Licensing Rules
Bond: Based on Lic. Solic. Less Than 5 = 5,000, 5-15=$10,000, 16-Up=$15,000
Fee: (not to exceed)
$250 - Investigation
$200 - Original
$100 - Renewal
$50 - Investigation Branch Office
$35 - Original Branch Office
Exemption for out-of-state collectors: Out-of-state collectors are exempt if  communicating by interstate means (phone, fax, mail); and  are "regulated" by the laws of another state.
Rapid Recovery Solution, Inc. is not licensed in Nebraska.
Rapid Recovery hopes that this information assists you in finding a Nebraska Collection Agency and researching Nebraska collection laws.