Rhode Island Debt Collection Laws and Statutes

AccountsReceivable.com handles debt collections throughout the entire state of Rhode Island.

Below you will find important information on Rhode Island state debt recovery laws including: Rhode Island Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.

STATE: RHODE ISLAND

Interest Rate

  • Legal: 12%
  • Judgment: 12%

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 10
  • Written Contract: 10
  • Domestic Judgment: 20
  • Foreign Judgment: 20

BAD CHECK LAWS (CIVIL PENALTY)

Amount of check, $25 fee & treble damages up to $1000

GENERAL GARNISHMENT EXEMPTIONS

See federal law.

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