Re: On the verge...

Posted by Razor (65.33.36.192) on April 20, 2002 at 19:26:19:

In Reply to: On the verge... posted by John D. Ho on April 19, 2002 at 22:04:34:

If you have an old late notice from them for 95 tell them to go take a hike the SOL for utah is 6 years. The important date on your CR is last activity. The others are not needed for your purposes.

Here is the info.

STATE: UTAH
INTEREST RATE

Legal: 7.35%
Judgment: Contract rate or Federal Judgment Rate
STATUTE OF LIMITATIONS (IN YEARS)

Open Acct.: 4
Written Contract: 6
Domestic Judgment: 8
Foreign Judgment: 8
BAD CHECK LAWS (CIVIL PENALTY)
Certified statutory bad check notice must be sent. Amount due, interest, court costs, reasonable attorney's fees, plus $15 bad check fee.

GENERAL GARNISHMENT EXEMPTIONS
$142.50 of disposable earnings for wages paid weekly.

COLLECTION AGENCY BOND & LICENSE

Bond: $10,000
License: Yes
Fee: Varies by City and County.

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