Location Statute of Limitations Collection Agency Bond and License General Garnishment Exemption
  Open Account Years Contract in Writing Years Domestic Judgements Years Foreign Judgements Years Bond License Fee **
ARKANSAS 3 5 10 (renewable) 10 (renewable) $5,000-$25,000 $1,500 br. Yes $125 $15 ea. Collector See fed. law. $200/wk. single person, $500/wk. head of household if greater than federal exemption.

 

STATES HAVING COMMUNITY PROPERTY LAWS
Arizona California  Idaho  Louisiana  Wisconsin
Nevada  New Mexico  Texas  Washington

** Federal law exempts from garnishment 75% of Open Contracts Domestic Foreign disposable earnings per work wk. or an amount equal Accounts in Writing Judgments Judgments to 30 x fed. min. hourly wage, whichever is greater.

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