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Arkansas Commercial Collection Agency

Prestige Services, Inc (PSI) is a professional commercial collection agency specializing in the collection of delinquent accounts throughout the entire United States. In addition to featuring great rates and a commitment toward getting results, we offer a “No Collection, No Fee” stance that guarantees we get the job done for you via all available options.

We exclusively handle commercial collection accounts (Business to Business Collections), thus ensuring that our full efforts are focused on delivering the company funds you need. Our collection agency’s time-tested expertise in working with delinquent commercial accounts has made us one of the leading debt collection agencies in the nation. We exhaust all possible efforts, utilizing the most extensive databases of information and taking legal action when necessary. As well as being familiar with the legalities and procedures of debt collection, our highly trained staff is exceptionally knowledgeable regarding the formalities and laws specific to each State.

When you choose Prestige Services to handle your commercial debt collection accounts, you are selecting a collection agency with experience and a proven ability to get the results your company deserves. Contact a knowledgeable representative from Prestige Services today and begin the process of recovering your commercial delinquent accounts.

SUMMARY OF ARKANSAS COLLECTION LAWS*

INTEREST RATE
Legal: 6% or 5 points above the Fed. discount rate Judgment 5 points above the Federal discount rate or 10% per annum whichever
is less

STATUTE OF LIMITATIONS (IN YEARS)
Open Acct: 3 – Written Contract 5 (partial payment stops the statute from running) – Sale of Goods: (UCC-2) – 4 – Domestic
Judgment 10 – Renewable – Foreign Judgment 10

BAD CHECK LAWS (CIVIL PENALTY)
Twice the amount of check – prior to double charge – can start out with $15 charge per NSF check after 30 days.

GENERAL GARNISHMENT EXEMPTIONS
$500 head of family; $200 single. Includes personal property except clothing.

COLLECTION AGENCY BOND & LICENSE
Bond: $5000/$1500 Branch – License: Yes – Fee: $125 -$5 each employee

* These are not comprehensive statutes and therefore PSICollect.com and Prestige Services, Inc. disclaims any liability resulting from reliance by any party upon the legality and accuracy of the contents thereof.

Below is a list of the states in the US that we cover.
We are a nationwide operation and service all states, as well as Canada & Mexico.

Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Washington
West Virginia
Wisconsin
Wyoming
Puerto Rico

We are an international collection agency and service the entire U.S. as well as foreign countries. In addition, we represent clients from any country outside the U.S. Let us know how we can help you today! Contact us here »