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).

STATE: ALABAMA

Interest Rate

• 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.