Attorneys

Wyoming Collections-Creditors Rights FAQs

• Q: What Is The Interest Rate?
  A: Legal: 7% Judgment: contract rate or 10% judgment rate More
• Q: What Is The Statute Of Limitations (In Years)?
  A: Open Acct.: 8 Written Contract: 10 Domestic Judgment: 5 Foreign Judgment: 5 More
• Q: What Are The General Garnishment Exemptions?
  A: See federal law for consumer credit sale, lease or loan. Up to 65% for child support arrearage.
• Q: Do You Have To Have A Collection Agency Bond & License In Wyoming?
  A: Bond: $10,000 License: Yes Fee: $200 ­ Original $100 ­ Renewal $100 ­ Branch Exemption for out­of­state collectors: Out­of­state agencies … More

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