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Louisiana Invoice Guard™s Statute of Limitations
Below you will find important information on Louisiana state debt recovery laws including: Louisiana Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.
STATE: LOUISIANA
Interest Rate
- Legal: 9.5% from 01/01/02007
- Judgment: 9.5% from 01/01/02007
STATUTE OF LIMITATIONS (IN YEARS)
- Open Account: 3
- Written Contract: 10
- Promisoory notes: 5
- Domestic Judgment: 10
- Foreign Judgment: 10
BAD CHECK LAWS (CIVIL PENALTY)
After 30 day written demand (certified or registered), twice check amount, plus attorney fees & court costs.
GENERAL GARNISHMENT EXEMPTIONS
75% disposable earnings per work week, but not less than 30 x fed. min. hourly wage.
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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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