Re: Help! Pleaase!!!!!!!!!!!!!

Posted by Why Chat (209.240.222.130) on April 24, 2002 at 14:23:09:

In Reply to: Re: Help! Pleaase!!!!!!!!!!!!! posted by christy on April 24, 2002 at 07:23:27:

Here are the N.C. rules-
NORTH CAROLINA
INTEREST RATE
Legal: 8%
Judgment: 8%
STATUTE OF LIMITATIONS (IN YEARS)
Open Acct.: 3
Sale of Goods: 4
Written Contract: 3
COLLECTION AGENCY BOND & LICENSE
Bond: $5,000 to $50,000
License: Yes
Fee: $500
Exemption for out-of-state collectors: Contact state authorities.

Unofficially, licensing authorities may allow out-of-state agencies to bypass requirements if they do not solicit in state and/or work for in-state clients.

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