|
OHIO |
INTEREST RATE -
Legal: 10%
Judgment: 10% (unless written contract) |
STATUTE OF LIMITATIONS (IN YEARS) -
Open Acct.: 6
Sales Contract (UCC2-725)
Written Contract: 15
Domestic Judgment: 21 renew every 5
Foreign Judgment: 21 renew every 5 |
BAD CHECK LAWS (CIVIL PENALTY) -
The greater of $200 or three times the amount of check and attorney
fees (no maximum). |
GENERAL GARNISHMENT EXEMPTIONS -
See federal law. Effective 3/30/99 Ohio allows continuing
garnishments. |
COLLECTION AGENCY BOND & LICENSE -
Contact: Secretary of State
Client Service Center
30 East Broad Street
Lower Level
Columbus, OH 43215
Phone: (614) 466-3910 • (877) 767-6446
web:
www.state.oh.us/sos |