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One way to recover more from your delinquent accounts is to hire a Wisconsin Collection Agency. Rapid Recovery, a Collection Agency with offices in Milwaukee, Madison, and Green Bay, 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 Wisconsin debtors in these cities: Appleton, Beloit, Brookfield, Eau Claire, Font du Lac, Franklin, Green Bay, Greenfield, Janesville, Kenosha, La Crosse, Madison, Milwaukee, New Berlin, Oshkosh, Racine, Sheboygan, Waukesha, Wausau, Wauwatosa and other Wisconsin cities.
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Wisconsin Collection Laws
The following is a summary of the Wisconsin 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 Wisconsin Collection Laws page, and we assume no liability for its use.
Wisconsin Collection Laws Interest Rate
Legal: 5%
Judgment: 12%
Wisconsin Collection Laws Statute Of Limitations (Years)
Open account: 6
Written Contract: 6
Domestic Judgment: 20
Foreign Judgment: 20
Wisconsin Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Amount of check plus actual damages + exemplary damages up to three times value of check. Limited to $300
Wisconsin Collection Laws General Garnishment Exemptions
80% of net pay
Wisconsin Collection Laws Collection Agency Bond & Licensing Rules
Bond: $15,000 minimum
License: Yes
Fee:
$1000 - Investigation
$200 - Annual
Exemption for out-of-state collectors: Out-of-state agencies do not need to be licensed if [1] collecting by interstate means (phone, fax, mail); and [2] collecting for an out-of-state client.
Rapid Recovery hopes that this information assists you in finding a Wisconsin Collection Agency and researching Wisconsin collection laws.
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