Kentucky Commercial Credit & Collection Information
INTEREST RATE
STATUTE OF LIMITATIONS
(IN YEARS)
- Open Acct.: 5
- Written Contract: 15
- Oral Contract: 5
- Domestic Judgment:
15
- Foreign Judgment: 15
BAD CHECK LAWS (CIVIL
PENALTY)
None
GENERAL GARNISHMENT
EXEMPTIONS
75% of disposable income or 30 times the federal minimum hourly wage
(whichever is greater)
COLLECTION AGENCY BOND
& LICENSE
- Bond: No
- License: No
- Fee: No
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