|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||**|
|NEW JERSEY||6||6||20||20 or period in foreign state if less||$5,000 Surety only||Cert. of Authority||$25 filing fee||Min. $48 per wk. 90% if earnings are $7,500/yr. or less, court may reduce exemption if earnings are greater. Subject to changes under cost of living index.|
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.