|
FLORIDA |
INTEREST RATE - Legal: 10% - Judgment 10% or
contractual |
STATUTE OF LIMITATIONS (IN YEARS) - Open Acct: 4 -
Written Contract 5 - Domestic Judgment 7 Renewable - Foreign Judgment
Sit not recorded in-state |
BAD CHECK LAWS (CIVIL PENALTY) - After 30 day
demand-treble amount in addition to amount owed, bank & court costs &
reasonable attorney fees. |
GENERAL GARNISHMENT EXEMPTIONS - See federal law
except 100% head of household. - Liberal Homestead Exemption - 1st
$1,000 of automobile |
COLLECTION AGENCY BOND & LICENSE - Bond: Yes -
$50,000 (Commercial) - License: Yes - Fee: Yes - $200 - Registration /
$50 - Investigation $200 - Renewal |