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One way to recover more from your delinquent accounts is to hire a Wyoming Collection Agency. Rapid Recovery, a Collection Agency with offices in Cheyenne, Casper, and Laramie, 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 Wyoming debtors in these cities: Buffalo, Casper, Cheyenne, Cody, Douglas, Evanston, Gilette, Green River, Jackson, Kemmerer, Lander, Laramie, Powell, Rawlins, Riverton, Rock Springs, Sheridan, Thermopolis, Torrington, Wheatland and other Wyoming cities.
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Wyoming Collection Laws
The following is a summary of the Wyoming 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 Wyoming Collection Laws page, and we assume no liability for its use.
Wyoming Collection Laws Interest Rate
Legal: 7%
Judgment: contract rate or 10% judgment rate
Wyoming Collection Laws Statute Of Limitations (Years)
Open account: 8
Written Contract: 10
Domestic Judgment: 5
Foreign Judgment: 5
Wyoming Collection Laws Bad Check Laws (NSF) (Civil Penalty)
Double the face amount plus damages equal to collection cost and reasonable attorney fees
Wyoming Collection Laws General Garnishment Exemptions
See federal law for consumer credit sale, lease or loan. Up to 65% for child support arrearage
Wyoming Collection Laws Collection Agency Bond & Licensing Rules
Bond: $10,000
License: Yes
Fee:
$200 - Original
$100 - Renewal
$100 - Branch
Exemption for out-of-state collectors: Out-of-state agencies may bypass licensing if they are not [1] soliciting clients in Wyoming; or [2] collecting for Wyoming creditors.
Rapid Recovery hopes that this information assists you in finding a Wyoming Collection Agency and researching Wyoming collection laws.
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