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Tennessee Collection Agency

One way to recover more from your delinquent accounts is to hire a Tennessee Collection Agency. Rapid Recovery, a Collection Agency with offices in Memphis, Nashville, and Knoxville, 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 Tennessee debtors in these cities: Bartlett, Brentwood, Bristol, Chattanooga, Clarksville, Cleveland, Cookeville, Franklin, Germantown, Hendersonville, Jackson, Johnson, Kingsport, Knoxville, Memphis, Morristown, Murfreesboro, Nashville, Oak Ridge, Smyrna and other Tennessee cities.



Tennessee Collection Laws

The following is a summary of the Tennessee 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 Tennessee Collection Laws page, and we assume no liability for its use.


Tennessee Collection Laws Interest Rate

Legal: 10%
Judgment: 10% (or contract rate) (varies with type of transaction)


Tennessee Collection Laws Statute Of Limitations (Years)

Open account: 6
Written Contract: 6
Domestic Judgment: 10
Foreign Judgment: 10


Tennessee Collection Laws Bad Check Laws (NSF) (Civil Penalty)

Treble damages up to $500 + 10% interest & reasonable service charges, atty.'s fees, & court costs


Tennessee Collection Laws General Garnishment Exemptions

See federal law. Add $2.50 per week for dependent child under 16


Tennessee Collection Laws Collection Agency Bond & Licensing Rules

Bond: $15,000 1-4 employees, $20,000 5-9 employees, $25,000 10 or more employees
License: Yes
Fee: $600 - Original, $350 - Renewal, $25 - Each Solicitor



Rapid Recovery hopes that this information assists you in finding a Tennessee Collection Agency and researching Tennessee collection laws.