Missouri Debt Collection Laws and Statutes

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

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

STATE: MISSOURI

Interest Rate

Legal: 9%
Judgment: 9%

STATUTE OF LIMITATIONS (IN YEARS)

Sale of Goods: 4
Open Account: 5
Written Contract: 10
Sales (UCC) Contract: 4
Money & Property:
Domestic Judgment: 10 (revived every 10 years)
Foreign Judgment: 10 (revived every 10 years)

BAD CHECK LAWS (CIVIL PENALTY)

Three times face amount owed plus attorney’s fees.

GENERAL GARNISHMENT EXEMPTIONS

See federal law; exempt 90% of week’s pay, head of household, single person w/o dependable = 75%.

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Missouri Debt Collection Laws and Statutes

Missouri Debt Collection Laws and Statutes