Alaska Debt Collection Laws and Statutes

Alaska Debt Collection Laws and Statutes

AccountsReceivable.com handles debt collections throughout the entire state of Alaska.

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

STATE: ALASKA

Interest Rate

  • Legal: 9.25% (for 2007) Re-set every Jan 2
  • Judgment: 9.25% (for 2007) or contractual

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 4
  • Written Contract: 6
  • Domestic Judgment: 10
  • Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

Damages in amount equal to $100 or triple the amount of the check, whichever is greater, but no more than $1000 over the amount of the check.

GENERAL GARNISHMENT EXEMPTIONS

$438 per week for earning exemption. May be increased to $688 per week if qualified for head of household (no one else in household earning any money).

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