STATE: WYOMING

Interest Rate

• Legal: 7%
• Judgment: contract rate or 10% judgment rate

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 8
• Written Contract: 10
• Domestic Judgment: 5
• Foreign Judgment: 5

BAD CHECK LAWS (CIVIL PENALTY)

3x amount of check but not less than $100 plus collection fee of $30.

GENERAL GARNISHMENT EXEMPTIONS

See federal law for consumer credit sale, lease or loan. Up to 65% for child support arrearage.

STATE: WISCONSIN

Interest Rate

• Legal: 5%
• Judgment: 12%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 6
• Written Contract: 6
• Domestic Judgment: 20
• Foreign Judgment: 20

BAD CHECK LAWS (CIVIL PENALTY)

Amount of check plus actual damages + exemplary damages up to 3x value of check, limited to $500.

GENERAL GARNISHMENT EXEMPTIONS

80% of net pay.

STATE: WEST VIRGINIA

Interest Rate

• Legal: 6% (contract rate prevails, and can vary between 18% and 31% max)
• Judgment: 9.75% (changes each year based on a certain Federal rate)

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 5
• Written Contract: 10
• Domestic Judgment: 10
• Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

Amount due, service charge up to $10. If check is less than > $500.00 = misdemeanor. If check is greater than $500.00 = felony.

GENERAL GARNISHMENT EXEMPTIONS

See West VA code 38-5A-3-Employees withhold 20% of disposable income or 30 x the min. hourly rate, whichever is less. Other exemptions apply.

STATE: WASHINGTON

Interest Rate

• Legal: 12%
• Judgment: 12%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 6
• Written Contract: 6
• Domestic Judgment: 10, renewable
• Foreign Judgment: 10, renewable

BAD CHECK LAWS (CIVIL PENALTY)

Interest at rate specified in instrument or, if no specified rate, 12% interest plus collection costs up to $40. If taken to court, reasonable attorney fees, 3x value, or up to $300. Have 6 years to enforce a bad check.

GENERAL GARNISHMENT EXEMPTIONS

Greater of 75% or $154.50 week (30 x federal min. hourly wage).

STATE: VIRGINIA

Interest Rate

• Legal: 6%
• Judgment: 6%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 3 (last charge or payment)
• Written Contract: 5
• Sales of Goods under Article 2: 4
• Domestic Judgment: 20
• Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

Lesser of $250 or 3x check amount.

GENERAL GARNISHMENT EXEMPTIONS

See federal law.

STATE: VERMONT

Interest Rate

• Legal: 12%
• Judgment: 12%

STATUTE OF LIMITATIONS (IN YEARS)

• Retail Installment Contracts: 4
• Witnessed Promissory Note: 14
• Open Account: 6
• Written Contract: 6
• Domestic Judgment: 8
• Foreign Judgment: 8

BAD CHECK LAWS (CIVIL PENALTY)

Court costs, amount of check, attorney fees, damage of $50. (Notice required).

GENERAL GARNISHMENT EXEMPTIONS

$75% of earning above minimum wage or what is necessary to live. 85% if personal, family or house held debt.

STATE: UTAH

Interest Rate

• Legal: 10%
• Judgment: 6.99%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 4
• Written Contract: 6
• Domestic Judgment: 8
• Foreign Judgment: 8

BAD CHECK LAWS (CIVIL PENALTY)

Certified statutory bad check notice must be set. Amount due, interest, court costs, reasonable attorney fees, plus damage equal to greater of $100 or 3x check amount (not to exceed check amount plus $500).

GENERAL GARNISHMENT EXEMPTIONS

$142.50 of disposable earnings for wages paid weekly.

STATE: TEXAS

Interest Rate

• Legal: 6%
• Agreement: can charge up to 18%
• No Agreement: statuory interest of 6% begins to run 30th day after becoming due
• Judgment: 8.25% (effective 2007) Always consult cousel to charge interst – Texas has very onerous usury laws & penalties.

STATUTE OF LIMITATIONS (IN YEARS)

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

BAD CHECK LAWS (CIVIL PENALTY)

N/A

GENERAL GARNISHMENT EXEMPTIONS

100% of wages.

STATE: TENNESSEE

Interest Rate

• Legal: 10%
• Judgment: 10% (or contract rate, whichever is greater)

STATUTE OF LIMITATIONS (IN YEARS)

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

BAD CHECK LAWS (CIVIL PENALTY)

Treble damages up to $500 + 10% interest & reasonable service charges, attorney fees.

GENERAL GARNISHMENT EXEMPTIONS

See federal law. Add $2.50 per week for dependent child under 16.

STATE: SOUTH DAKOTA

Interest Rate

• Legal: 12%
• Judgment: 10

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 6
• Written Contract: 6
• Sales of Goods: 4
• Domestic Judgment: 10, renewable for 10
• Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

N/A

GENERAL GARNISHMENT EXEMPTIONS

20% of the individuals disposable earnings for a continuing lien.