Kentucky Collection Laws

INTEREST RATE

• Legal: 8%
• Judgment: 12%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Acct.: 5
• Written Contract: 15
• Oral Contract: 5
• Domestic Judgment: 15
• Foreign Judgment: 15

BAD CHECK LAWS (CIVIL PENALTY)
N/A

GENERAL GARNISHMENT EXEMPTIONS
75% of disposable income or 30 times the federal minimum hourly wage (whichever is greater)

COLLECTION AGENCY BOND & LICENSE

• Bond: No
• License: No
• Fee: No

This site has taken this information from the website listed in this state. We will not be held liable for any errors or for not updating. Updates are done every 3 months.