Hampton Associates, Inc. Commercial Collection Agency  
  Phone: (877) 862-6340, Fax: (877) 862-6336

Credit Collection Information by State

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Arkansas Commercial Credit & Collection Information

INTEREST RATE

  • Legal: 6%
  • Judgment: Contract rate or 10% per annum whichever is greater (16-65-114)

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Acct.: 3
  • Written Contract: 5 (partial payment stops the statute from running)
  • Sale of Goods: (UCC-2) - 4
  • Domestic Judgment: 10 - Renewable
  • Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)
No less than $50 plus costs and fees (Ark Code 5-37-301et al)

GENERAL GARNISHMENT EXEMPTIONS
$500 head of family; $200 single. Includes personal property except clothing.

COLLECTION AGENCY BOND & LICENSE

Hampton Associates, Inc.- Your commercial collection agency solution

Hampton Associates, Inc. 2003, 2004 Site Map