Nebraska Debt Collection Laws and Statutes

Nebraska Debt Collection Laws and Statutes

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

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

STATE: NEBRASKA

Interest Rate

  • Legal: 12%
  • Judgment: 2% above the bond investment yield of the 28 week U.S. Treasury Bill

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 4
  • Written Contract: 5
  • Domestic Judgment: 5 renewable every 5
  • Foreign Judgment: 5 non-renewable

BAD CHECK LAWS (CIVIL PENALTY)

Amount due, costs, protest fees.

GENERAL GARNISHMENT EXEMPTIONS

Greater 75% disposable earnings (85% if head of household), or 30x fed. min. hourly wage.

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