Menu
Contact us today. We can help.
(800) 523-2797

Washington Commercial Collection Agency

Washington, like every other state in the United States, has statute of limitations and various other laws that help determine a deadline when it comes to filing a lawsuit or other civil actions. This page will provide information related to Washington including: state economy, unemployment rate, state debt and statute of limitations. All information included is provided by recent case studies or other credible resources.

Statute of limitation laws are mandatory time limits that the legal system put into place to provide a general fairness and practicality when it comes to filing a lawsuit. Washington’s statute of limitations can range from three to 10 years depending on the case. Debt collection has a six-year limit in Washington. (FindLaw.com)

According to a 2014 report, Washington’s state debt was projected at $89.6 billion. It’s state debt per capita was $12,988.  In 2015, Washington was ranked as the 22nd worst in the country in “taxpayer burden,” a term that is used to describe how much every taxpayer would need to send their state’s treasury for the state to become debt-free. With the number of unfunded retirement benefits included in the debt, Washington’s state debt climbed to $20.1 billion, leaving a taxpayer burden of $8,500. (Ballotpedia.org)

In 2013, Washington’s median annual household income was $60,520. Most Washington residents earned incomes that were 400 percent above the federal poverty level. In 2014, the state’s unemployment rate was 5.7 percent, just 0.2 points below the national average. (Ballotpedia.org)

Prestige Services, Inc. (PSI) works to ensure quality debt collection that works within Washington’s collection laws whether that means staying up to date on collection licenses, industry news, and economy data within the state.

Check Laws by Cities in Washington State

SUMMARY OF WASHINGTON COLLECTION LAWS*

INTEREST RATE
Legal: 12% – Judgment 12%

STATUTE OF LIMITATIONS (IN YEARS)
Open Acct: 6 – Written Contract 6 – Domestic Judgment 10 renewable – Foreign Judgment 10 renewable

BAD CHECK LAWS (CIVIL PENALTY)
Interest at rate specified in instrument or, if no specified rate, 12% interest plus collection costs up to $40. If taken to court, reasonable attorney’s fees, 3 x value, or up to $800. Have 6 years to enforce a bad check.

GENERAL GARNISHMENT EXEMPTIONS
Greater of 75% or $206 wk. (30 x state min. hourly wage)

* 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
Virginia
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 »

Comodo SSL