STATE: NORTH CAROLINA

Interest Rate

• Legal: 8%
• Judgment: 8%

STATUTE OF LIMITATIONS (IN YEARS)

• Open Account: 3
• Written Contract: 3
• Sale of Goods: 4
• Domestic Judgment: 10
• Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

30 day written demand lesser of $500 or 3 x check amount, but not less than $100.

GENERAL GARNISHMENT EXEMPTIONS

100% of last 60 days’ earnings for family support. Garnishment only by political subdivisions for taxes, ambulance fees, etc.