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One way to recover more from your delinquent accounts is to hire a West Virginia Collection Agency. Rapid Recovery, a Collection Agency with offices in Charleston, Huntington, and Parkersburg, 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 West Virginia debtors in these cities: Beckley, Bluefield, Bridgeport, Charleston, Clarksburg, Dunbar, Fairmont, Huntington, Martinsburg, Morgantown, Moundsville, Parkersburg, South Charleston, St. Albans, Vienna, Weirton, Wheeling and other West Virginia cities.
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West Virginia Collection Laws
The following is a summary of the West Virginia 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 West Virginia Collection Laws page, and we assume no liability for its use.
West Virginia Collection Laws Interest Rate
Legal: 6%
Judgment: 10%
West Virginia Collection Laws Statute Of Limitations (Years)
Open account: 5
Written Contract: 10
Domestic Judgment: 10
Foreign Judgment: 10
West Virginia Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Amount due, service charge up to $10. If check is under $500.00 = misdemeanor. Over $500.00 is a felony
West Virginia Collection Laws General Garnishment Exemptions
See West VA code 38-5A-3-Employees withhold 20% of disposable income or 30x the minimum hourly rate, whichever is less and other exemptions apply
West Virginia Collection Laws Collection Agency Bond & Licensing Rules
Bond: $5,000
License: Yes - Franchise Reg. Cert.
Fee: $15 Annual
Exemption for out-of-state collectors: Contact state authorities. Some out-of-state agencies may be exempt if they are only collecting for out-of-state clients.
Rapid Recovery hopes that this information assists you in finding a West Virginia Collection Agency and researching West Virginia collection laws.
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