Rhode Island Debt Collection Laws and Statutes
AccountsReceivable.com handles debt collections throughout the entire state of Rhode Island.
Below you will find important information on Rhode Island state debt recovery laws including: Rhode Island Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.
STATE: RHODE ISLAND
Interest Rate
- Legal: 12%
- Judgment: 12%
STATUTE OF LIMITATIONS (IN YEARS)
- Open Account: 10
- Written Contract: 10
- Domestic Judgment: 20
- Foreign Judgment: 20
BAD CHECK LAWS (CIVIL PENALTY)
Amount of check, $25 fee & treble damages up to $1000
GENERAL GARNISHMENT EXEMPTIONS
See federal law.