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Virginia Invoice Guard™s Statute of Limitations

Below you will find important information on Virginia state debt recovery laws including: Virginia Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.

STATE: VIRGINIA

Interest Rate

  • Legal: 6%
  • Judgment: 6%

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 3 (last charge or payment)
  • Written Contract: 5
  • Sales of Goods under Article 2: 4
  • Domestic Judgment: 20
  • Foreign Judgment: 10

BAD CHECK LAWS (CIVIL PENALTY)

Lesser of $250 or 3x check amount.

GENERAL GARNISHMENT EXEMPTIONS

See federal law.

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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."
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