Attorneys

Connecticut Collections-Creditors Rights FAQs

• What Does It Cost For A Collection Agency Bond & License?
  Bond: $5000 License: Yes Fee:  $200 Yearly  $50 Investigation more
• Which Debts Are Good Candidates For Settlement?
  Most unsecured debts can be settled. An unsecured debt is a debt where there is no collateral. Unsecured debts include medical bills, credit cards, department store … more
• What Is The Debt Collection Statute Of Limitations?
  Open Acct. 6 Years ­ Written Contract 6 Years ­ Oral Contract 3 Years ­ Domestic Judgments 20/25 Years ­ Small Claims Judgment 20 Years ­ Foreign … more
• What Are The General Garnishment Exemptions?
  25% may be garnished of disposable earnings each week, or 40 x fed. Min. hourly wage, whichever is less.
• Do Collectors Have Only A Certain Amount Of Time To Sue For Payments?
  The first thing to do is determine if the statute of limitations for collecting a debt in your state has passed. If the debt is older than the statute of limitations, … more