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

Credit Collection Information by State

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Texas Commercial Credit & Collection Information

INTEREST RATE**

  • Legal: 6%  
  • Judgment: no less than 10%, no more than 20%

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Acct.: 4
  • Written Contract: 4
  • Domestic Judgment: 10 (Renewable)
  • Foreign Judgment: 10 (Renewable)

BAD CHECK LAWS (CIVIL PENALTY)
See Texas Penal Code Chapter 32, no specific "Bad Check" law

GENERAL GARNISHMENT EXEMPTIONS
100% of Wages

COLLECTION AGENCY BOND & LICENSE

  • Bond: Yes
  • License: No
  • Fee: No

*Community Property State

**Always consult counsel to charge interest - Texas has extremely onerous usury laws & penalties.

Hampton Associates, Inc.- Your commercial collection agency solution

Hampton Associates, Inc. 2003, 2004 Site Map