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.
