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Delaware Invoice Guard™s Statute of Limitations
Below you will find important information on Delaware state debt recovery laws including: Delaware Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.
STATE: DELAWARE
Interest Rate
- Prejudgment interest at legal rate: 6% (as of 12/2002) or contractual rate.
- Post-judgment interest at legal or contract rate
STATUTE OF LIMITATIONS (IN YEARS)
- Open Account: 4
- Sales of Goods (UCC): 4
- Written Contract: 3
- Promissory Notes: 6
- Personal Injury and Damage to Personal Property: 2
- Judgments: 10
- Justice of the Peace Court: 3
- Superior Court: 10
BAD CHECK LAWS (CIVIL PENALTY)
N/A
GENERAL GARNISHMENT EXEMPTIONS
Wage garnishment may not exceed 15% of disposable earnings or reduce disposable earnings to less than $150.00 a week.
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Fixed Rate Collections makes it a common practice to speak directly with any potential clients wishing to gain access to the Fixed Rate Collections debt collection network. To get the signup process started, please fill out the form below and we will contact you within 12 business hours, or you may contact us immediately at 1-321-319-4131
Testimonials
"As a small businessman, I need all my money just to make ends meet. Using Invoice Guard™ has saved me money. As soon as I turned the account over to them, they called my Debtor and he brought a check right over to me." Read More "Our company thinks your program is fantastic. As a contractor, we always have issues with our payables. You guys are the best! It’s nice to find a product that really is a great value."Read More
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