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One way to recover more from your delinquent accounts is to hire a Ohio Collection Agency. Rapid Recovery, a Collection Agency with offices in Colombus, Cleveland, and Cincinnati, can locate debtors and collect the money owed to your business, practice or facility. If used early, Rapid Recovery Solution can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using Rapid Recovery Solution can save you a lot time and money — two of your most valuable resources. With their custom-designed debt collection systems, computers and software, Rapid Recovery Solution can be more effective in recovering delinquent accounts than you can. Rapid Recovery Solution is most likely to collect on your files if placed in the 60-90 days from the date the money was due.
Rapid Recovery Solution is a National Collection Agency handling Ohio debtors in these cities: Akron, Canton, Cincinnati, Cleveland, Cleveland Heights, Columbus, Cuyahoga Falls, Dayton, Elyria, Euclid, Hamilton, Kettering, Lakewood, Lorain, Mansfield, Mentor, Middletown, Parma, Springfield, Toledo and other Ohio cities.
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Ohio Collection Laws
The following is a summary of the Ohio Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise. We make no warranty, express or implied concerning any information contained on this Ohio Collection Laws page, and we assume no liability for its use.
Ohio Collection Laws Interest Rate
Legal: 10%
Judgment: 10%
Ohio Collection Laws Statute Of Limitations (Years)
Open account: 4
Sales Contract (UCC2-725)
Written Contract: 15
Domestic Judgment: 21 renew every 5
Foreign Judgment: 21 renew every 5
Ohio Collection Laws Bad Check Laws (NSF) (Civil Penalty)
The greater of $200 or three times the amount of check and attorney fees (no maximum)
Ohio Collection Laws General Garnishment Exemptions
See federal law - garnishment limited to once a month per employee
Ohio Collection Laws Collection Agency Bond & Licensing Rules
Bond: No
License: No
Fee: No
Rapid Recovery hopes that this information assists you in finding a Ohio Collection Agency and researching Ohio collection laws.
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