Pennsylvania Collection Laws
INTEREST RATE
- Legal: 6%
- Judgment: 6%
STATUTE OF LIMITATIONS (IN YEARS)
- Open Acct.: 4
- Written Contract: 4
- Domestic Judgment: 5 (writ of revival within 5 yrs.)
- Foreign Judgment: 4
- -Lien against real estate: 5 yrs.
- -Personal property Ex: 20 yrs.
BAD CHECK LAWS (CIVIL PENALTY)
After demand and judgment triple damages in amount equal to $1 00 or 3 times the
check amount whichever is greater up to $500.
GENERAL GARNISHMENT EXEMPTIONS
100%of wages, certain pensions, retirement accounts & Keogh plan under certain
circumstances, and $300.
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.