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GEORGIA |
INTEREST RATE - Legal: 7% - Judgment 12% -
Commercial Accounts: 18% |
STATUTE OF LIMITATIONS (IN YEARS) - Open Acct: 4 -
Written Contract 6 - Domestic Judgment .7 - Foreign Judgment 5 |
BAD CHECK LAWS (CIVIL PENALTY) - After 10 day
written demand double damages up to $500 and service charge ot $20 or
5%, whichever is greater. |
GENERAL GARNISHMENT EXEMPTIONS - See federal law.
City, County & State employees may be garnished. |
COLLECTION AGENCY BOND & LICENSE - Bond: No -
License: No - Fee: No |