Below you will find important information on North Dakota state debt recovery laws including: North Dakota Statutes, Judgments, Garnishments, Interest Rates, and Bad Check Laws.
STATE: NORTH DAKOTA
Interest Rate
- Legal: 6%
- Judgment: 11.5%
STATUTE OF LIMITATIONS (IN YEARS)
- Open Account: 6
- Written Contract: 6
- Sale of Goods: 4
- Domestic Judgment: 10 renewable
- Foreign Judgment: 10 renewable
BAD CHECK LAWS (CIVIL PENALTY)
Amount due, collection fees of $25, and civil penalty by civil action for lesser of $200 or 3x check. Effective 08/01/01.
GENERAL GARNISHMENT EXEMPTIONS
Greater of 75% or amount each week = to 40 x fed. min. hourly wage plus $20.00 each household dependent.