South Dakota Debt Collection Laws and Statutes

South Dakota Debt Collection Laws and Statutes

AccountsReceivable.com handles debt collections throughout the entire state of South Dakota.

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

STATE: SOUTH DAKOTA

Interest Rate

  • Legal: 12%
  • Judgment: 10

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 6
  • Written Contract: 6
  • Sales of Goods: 4
  • Domestic Judgment: 10, renewable for 10
  • Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

N/A

GENERAL GARNISHMENT EXEMPTIONS

20% of the individuals disposable earnings for a continuing lien.

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