Iowa Debt Collection Laws and Statutes

Below you will find important information on Iowa state debt recovery laws including: Iowa Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.

STATE: IOWA

Interest Rate

  • Legal & Judgment: legal floating rate per T-Bill

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 5
  • Written Contract: 10
  • Domestic Judgment: 10 - can be renewed in th 9th year
  • Foreign Judgment: 10 - can be renwed in the 9th year

BAD CHECK LAWS (CIVIL PENALTY)

537.2501G allows 5% of check or $20.00, whichever is greater. 625.22 allows for reasonable attorney fees.

GENERAL GARNISHMENT EXEMPTIONS

See federal law.

To get started today, call our toll free 1-877-680-6064 to speak with an associate or fill out the form below and we will contact you within 24 hours.

Request a FREE Quote

Fill out the form below to request a free quote.
Company: Daytime Phone:
Your Name Evening Phone:
Address: Fax Number:
City: Email Address:
State:
Zip Code:

img

Collection Services
We have simplified the debt collection process for you.

img

Invoice Factoring
24 Hour Approval...Get Quotes Today!

img

Person and Asset Location
Real People Doing Real Searches Getting Real Results.