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

Credit Collection Information by State

Alabama
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Idaho Commercial Credit & Collection Information

INTEREST RATE

  • Legal: 12%
  • Judgment: determined yearly

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Acct.: 4
  • Oral Contract: 4
  • Written Contract: 5
  • Domestic Judgment: 5 renewable
  • Foreign Judgment: 6 renewable

BAD CHECK LAWS (CIVIL PENALTY)
Triple amount of check up to $500 over the check amount
(Idaho Statute 28-22-105)

GENERAL GARNISHMENT EXEMPTIONS
See federal law.

COLLECTION AGENCY BOND & LICENSE

  • Bond: $15,000 initial plus $2,000 state bond (Idaho Statue 26-2232)
  • License: Yes
  • Fee: $100 -exam fee $50 -annual (Idaho Statutes 26-2225,26-2229)
  • Exemption for out-of-state collectors: Out-of-state collectors may qualify for a special license if [1] only collecting for client; and [2] are licensed and bonded by any state.

*Community Property State

Hampton Associates, Inc.- Your commercial collection agency solution

Hampton Associates, Inc. 2003, 2004 Site Map