Indiana 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 INDIANA COLLECTION LAWS*
Legal: 8% – Judgment 8%
STATUTE OF LIMITATIONS (IN YEARS)
Open Acct: 6 – Written Contract for payment of money -(executed before 9/1/82): 10 (executed after 8/31/82): 6 – Written contract (other than payment of money): 10 – Domestic Judgment 10 – Foreign Judgment 10
BAD CHECK LAWS (CIVIL PENALTY)
Triple check amount up to $500 over check amount + attorney fees & interest upto 18% per annum or 25% of triple check amount + attorney tees and interest at 8% per annum.
GENERAL GARNISHMENT EXEMPTIONS
75% of disposable earnings for workweek or the amount of 30 x ted. mm. hourly wage, whichever is greater.
COLLECTION AGENCY BOND & LICENSE
Bond: $5000 each office – License: Yes – Fee: $50 plus $5 perannum, each unlicensed employee $15 branch office
* 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.