About us | Contact | Home | Deutsch/German   Debt and Bankruptcy Laws California Maximum interest rate: Legal: 10% Judgment: 10% or contract rate Statute of limitations on enformcement: Open Account (credit card): 4 years (2 yeas if not in writing) Written Contract: 4 years Domestic Judgment: 10 years (can be renewed at 10 years) Foreign Judgment: 10 years Bad check law damages: Amount owed plus treble (3 times) damages (minimum $100 and maximum $1500) Florida: Maximum interest rate: Legal: 10% Judgment: 10% or or contract rate (but not more than 18%) Statute of limitations on enformcement: Open Account (credit cards): 4 years Written Contract: 5 years Domestic Judgment: 7 years (renewable) Foreign Judgment: 5 years Bad check law damages: Amount owed plus treble (three times) damages, bank fees, reasonable attorney's fees, and court costs. New York: Maximum interest rate: Legal: 16% Judgment: 9% Statute of limitations on enformcement: Open Account (credit cards) 6 years Written Contract: 6 years Domestic Judgment: 20 (renewable) Foreign Judgment: 20 (renewable) Bad check law damages: Amount of check plus double check amount up to $400 if NSF and up to $750 if written on nonexistent account

Bankruptcy Creditors´ Rights Importance of the correct collection approach Debt and Bankruptcy Laws