Ohio Collection Laws

INTEREST RATE

• Legal: 10%
• Judgment: 10%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Acct.: 4
• Sales Contract (UCC2-725)
• Written Contract: 15
• Domestic Judgment: 21 renew every 5
• Foreign Judgment: 21 renew every 5

BAD CHECK LAWS (CIVIL PENALTY)
The greater of $200 or three times the amount of check and attorney fees (no maximum)

GENERAL GARNISHMENT EXEMPTIONS
See federal law. Garnishment limited to once a month per employee.

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.