Commercial Debt Collection in West Valley City
The second-largest city in Utah is West Valley City, which as of 2020 has a population of 140,230. The city is relatively young, having been incorporated into Utah in 1980 and thus combining the four area communities of Granger, Hunter, Chesterfield, and Redwood.
The Ute and Shoshoni tribes of Native Americans were the earliest known residents of the area of what is now West Valley City. The first European people to live in the area were Latter-day Saints, who had arrived around Salt Lake Valley in the late 1840s. The area began seeing much more rapid growth in the 1970s, which eventually led to the merging of the four unincorporated areas in 1980.
Geography & Economy
West Valley City has an elevation of more than 4,000 feet and is made up 35.5 square miles, with 99 percent of the area covering land. When the city was first incorporated in 1980, the population was slightly more than 72,000 and has seen an almost 100% increase of 60 years. Currently, West Valley City has a population density of almost 4,000 people per square mile.
There are a variety of companies based in West Valley City such as Backcountry.com, FranklinCovey and USANA Health Sciences. According to the 2017 Comprehensive Annual Financial Report, top employers of West Valley City include:
- Discover Financial
- United Parcel Service
- Swift Transportation
- Select Portfolio Servicing
- Verizon Wireless
- West Valley City (government)
- Sutter Health
- USANA Health Sciences
Commercial Debt Laws
As population has increased in West Valley City over the years, there has been a rise in business life in the city. Yet, some businesses succeed and some fail. For businesses that struggle with debt issues, there are several commercial debt collection laws in place to help recover that debt.
In West Valley City, the statute of limitations for open accounts is 4 years, 6 years for written contracts, and 8 years each for domestic judgments and foreign judgments. For a summary of other debt collection laws for businesses in West Valley City, visit our Utah Summary of Laws page.