Idaho Debt Collection Laws and Statutes

Idaho Debt Collection Laws and Statutes

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

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

STATE: IDAHO

Interest Rate

  • Legal: 12%
  • Judgment: 10.125% as of July 1, 2006 (changes every July)

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 4
  • Written Contract: 5
  • Oral Contract: 4
  • Domestic Judgment: 5 renewable
  • Foreign Judgment: 6 renewable

BAD CHECK LAWS (CIVIL PENALTY)

Triple amount of check (minimum $100) up to $500 over the check amount.

GENERAL GARNISHMENT EXEMPTIONS

See federal law.