Montana Debt Collection Laws and Statutes

Montana Debt Collection Laws and Statutes

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

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

STATE: MONTANA

Interest Rate

  • Legal: 10%
  • Judgment: 10%
  • A binding written agreement may provide for interest of 15% or 6% above prime

STATUTE OF LIMITATIONS (IN YEARS)

  • Tort Claim (Subrogation) Prop & Personal: 3
  • Open Account: 5
  • Written Contract: 8
  • Domestic Judgment: 10
  • Justice of Peace Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

$100 minimum or 3 times fave value up to $500 plus face value of check and under UCC the value of the check plus $30 service charge per check.

GENERAL GARNISHMENT EXEMPTIONS

See federal law. State law provides for executions.

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