Collection Laws for Florida

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 **
FLORIDA 4 5 20 7 No (Consumer Collns.) Yes (Commercial Collns.) Regis.* $200 regis. $50 invest. $200 ren. See fed. law, except $500 per wk. head of household.

 

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.

Milliken & Michaels specializes in both national & international commercial debt recovery. We are based in Vero Beach, FLĀ 

Works with AZEXO Shopify builder