Alabama Debt Collection Laws and Statutes
AccountsReceivable.com handles debt collections throughout the entire state of Alabama.
Below you will find important information on Alabama state debt recovery laws including: Alabama Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.
- Legal: 6%
- Judgment: 12% (Unless otherwise contracted)
STATUTE OF LIMITATIONS (IN YEARS)
- Open Account: 3
- Written Contract: 6
- Domestic Judgment: 20
- Foreign Judgment: 20
BAD CHECK LAWS (CIVIL PENALTY)
Greater of $10 or Actual Bank Charges
GENERAL GARNISHMENT EXEMPTIONS
75% of wages are exempt from garnishment.