Connecticut Debt Collection Laws and Statutes

Connecticut Debt Collection Laws and Statutes

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

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

STATE: CONNECTICUT

Interest Rate

  • Legal: 8%
  • Judgment: 10% (Unless otherwise contracted)

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 6
  • Written Contract: 6
  • Oral Contract: 3
  • Sale of Goods (UCC): 4
  • Domestic Judgment: 20/25
  • Small Claims (less than > $3500) Judgment: 10/15
  • Foreign Judgment: 20

BAD CHECK LAWS (CIVIL PENALTY)

Personal liability of signatory on corporate claims unless signed in corporate capacity. Liability of drawer, if no account, damages equal to lesser of $750 or face amount of check. For insufficient of funds, lesser of $400 or face amount of check.

GENERAL GARNISHMENT EXEMPTIONS

25% you may garnish disposable earnings each week, or 40 x fed. min hourly wage, which ever is less.

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