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One way to recover more from your delinquent accounts is to hire a Washington Collection Agency. Rapid Recovery, a Collection Agency with offices in Seattle, Spokane, and Tacoma, 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 Washington debtors in these cities: Auburn, Bellevue, Bellingham, Bremerton, Edmonds, Everett, Federal Way, Kennewick, Kent, Kirkland, Lakewood, Olympia, Redmond, Renton, Richland, Seattle, Shoreline, Spokane, Tacoma, Vancouver and other Washington cities.
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Washington Collection Laws
The following is a summary of the Washington 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 Washington Collection Laws page, and we assume no liability for its use.
Washington Collection Laws Interest Rate
Legal: 12%
Judgment: 12%
Washington Collection Laws Statute Of Limitations (Years)
Open account: 3
Written Contract: 6
Domestic Judgment: 10
Foreign Judgment: 10
Washington Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Lesser of check amount or 12% interest, collection costs up to $40. If taken to court, reasonable attorney's fees, 3 x value, or up to $300. Now have 6 years to enforce a bad check
Washington Collection Laws General Garnishment Exemptions
Greater of 75% or $64 wk. (40 x state minimum hourly wage)
Washington Collection Laws Collection Agency Bond & Licensing Rules
Bond: $6000 general, $4000 specialty
License: Yes
Fee:
$100 - Investigation
$100 - Original
$100 - Renewable
$50 - Branch Office
Exemption for out-of-state collectors: Contact state authorities. Out-of-state agencies may qualify for lesser licensing fees. Out-of-state collectors are no longer required to have resident office and instate trust accounts if they don't have instate client. Bond is not required if held in home state.
Rapid Recovery hopes that this information assists you in finding a Washington Collection Agency and researching Washington collection laws.
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