North Dakota Debt Collection Laws and Statutes
AccountsReceivable.com handles debt collections throughout the entire state of North Dakota.
Below you will find important information on North Dakota state debt recovery laws including: North Dakota Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.
STATE: NORTH DAKOTA
Interest Rate
- Legal: 6%
- Judgment: 11.5%
STATUTE OF LIMITATIONS (IN YEARS)
- Open Account: 6
- Written Contract: 6
- Sale of Goods: 4
- Domestic Judgment: 10 renewable
- Foreign Judgment: 10 renewable
BAD CHECK LAWS (CIVIL PENALTY)
Amount due, collection fees of $25, and civil penalty by civil action for lesser of $200 or 3x check. Effective 08/01/01.
GENERAL GARNISHMENT EXEMPTIONS
Greater of 75% or amount each week = to 40 x fed. min. hourly wage plus $20.00 each household dependent.
