Jun 19, 2023

Commercial Debt Collection Laws in Port St Lucie

Nestled along Florida’s picturesque Treasure Coast, Port St. Lucie stands as a hidden gem waiting to be discovered by visitors and new residents alike. With its pristine beaches, vibrant community, and abundant recreational opportunities, this city of more than 200,000 residents has become a desirable destination for those seeking the perfect blend of relaxation and adventure.

Commercial Debt Collection Laws

Both the Legal and Judgment interest rate in Port St. Lucie is 10%. For Collection Agency Bond & License laws, there is a bond law in place for $50,000. In addition, commercial collection agencies must have licenses and include fees for registrations and investigations.

The Statute of Limitations for debt issues include:

  • Open Accounts: 4 years
  • Written Contracts: 5 years
  • Domestic Judgments: 7 years (renewable)

For more information on commercial debt collection laws in Florida, please visit our Florida Law Summary page. You can also check collection laws in other cities in Florida.

History of Port St. Lucie

Before Port St. Lucie became incorporated into the United States in 1961, the city was was largely uninhabited except for a fishing camp along the nearby river. When the General Development Corporation built its first bridge to Port St. Lucie in 1959, it allowed for direct automobile access and more development opportunities.

In February 1961, there were 250 homes in Port St. Lucie. By the early 1990s, the population in the city was almost 56,000. In recent years, the city has attracted many large corporations and businesses, which have helped provide residents many bountiful job opportunities.

Entertainment & City Amenities

One of the most appealing aspects of Port St. Lucie is its stunning coastline. Boasting miles of white sandy beaches that stretch alongside the sparkling waters of the Atlantic Ocean, this city offers a beach lover’s paradise. Whether you’re looking to sunbathe, take a leisurely stroll, or engage in thrilling water sports, Port St. Lucie has it all. Popular beach parks like Jensen Beach and Walton Rocks Beach provide ample space for picnicking, swimming, and even surfing, ensuring there’s something for everyone to enjoy.

Beyond its natural beauty, Port St. Lucie also offers a diverse array of recreational activities. Golf enthusiasts can take advantage of the numerous championship courses, including the renowned PGA Village, home to three stunning golf courses designed by legendary names in the sport. For those seeking a more laid-back experience, the city’s parks and nature preserves offer tranquil spaces for hiking, bird-watching, and reconnecting with nature.

A Community with Culture

In addition to its natural attractions, Port St. Lucie is a thriving community with a rich cultural scene. The city hosts various festivals and events throughout the year, showcasing local talent, crafts, and culinary delights. The Port St. Lucie Botanical Gardens, with its lush landscapes and serene ambiance, is a popular spot for nature lovers and horticulture enthusiasts.

Port St. Lucie’s commitment to education and healthcare is evident in its excellent schools and state-of-the-art medical facilities. The city is home to several top-rated educational institutions, including the Florida Atlantic University campus, ensuring residents have access to quality education. Furthermore, Port St. Lucie offers exceptional healthcare services, with world-class hospitals and medical centers that provide comprehensive care to its residents.

With its stunning beaches, abundant recreational opportunities, vibrant community, and dedication to education and healthcare, Port St. Lucie offers an enviable quality of life. Whether you’re seeking a relaxing beach getaway, an active outdoor lifestyle, or a welcoming community to call home, Port St. Lucie has it all.


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