|
MAINE |
INTEREST RATE - Legal: 8% Post - Judgment 15%
annual (less than $30,000) T-Bill rate over $30,000 |
STATUTE OF LIMITATIONS (IN YEARS) - Open Acct: 6 -
Written Contract 6 + 20 (with attestment) - Domestic Judgment 20 -
Foreign Judgment 20 |
BAD CHECK LAWS (CIVIL PENALTY) - Amount due, court
costs, service costs & collection costs |
GENERAL GARNISHMENT EXEMPTIONS - You may garnish
25% of disposable income or 40 times the federal minimum wages per
week (whichever is less) After judgement only. |
COLLECTION AGENCY BOND & LICENSE - Bond: Yes- Per
Superintendent - License: Yes - Fee: $400 Yearly |