Mississippi Commercial Collection Agency

Mississippi Collection Agency
Mississippi Collection Laws

Burt and Associates is a Collection Agency that specializes in Commercial Collections.

Full Debt Commercial Collection Agency Coverage for Mississippi MS

Biloxi | Gulfport | Hattiesburg | Jackson | Meridian | Tupelo

Burt & Associates a national debt collection agency with full collection coverage for Mississippi. We invite you to review our services and feel free to contact us with any questions or comments you may have.

Contact Burt & Associates

By Phone:
Toll free: 1-877-740-7839

Or Fill out our Collection Agency Contact form

To Get A Free Quote, know our Collection Rates or call us toll free 1 (877) 740-7839 and get started today!

Mississippi Collection Laws

We hope that this information on Mississippi Collection Agencies assists you. The following is a summary of the Mississippi Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise.

• Mississippi Collection Laws Interest Rate
  Legal: 8%
  Judgment: amount in contract if no contract amount court decides
  
  
• Mississippi Collection Laws Statute Of Limitations (Years)
  Open account : 3
  Written Contract: 3
  UCC: 6
  Domestic Judgment: 7
  Foreign Judgment: 7 (3 if resident)
  
  
• Mississippi Collection Laws Bad Check Laws (NSF) (Civil Penalty)
  On checks up to and including $25.00, additional damages would be 100% of check amount. On checks from $25.01 to $200.00, additional damages would be 50% of check amount but not less than $25.00. On checks over $200.00 additional damages would be 25% of check amount.


• Mississippi Collection Laws General Garnishment Exemptions
  See federal law

Mississippi Debt Collection Tips

Here at Burt & Associates, we provide customized high-tech debt-collection services to a rapidly growing set of clients representing more than a million debtors. As an SAS70 Certified commercial collections company, we feel that we need to always exhibit the qualities of a great team.

As a customer of Burt & Associates, you receive the highest quality of service available for your commercial collections issues. Our up-to-date systems allow us to be a fast-action agency, meaning, we collect more money, fast than other agencies, because we go to work faster, more aggressively and with better technology.

Burt & Associates is ranked among the top agencies for total dollars collected and more importantly, we're number one when it comes to speed and efficiency. We believe we can demonstrate that our proven methods and procedures will produce the best net recovery results for all your commercial collection needs.

With warmest regards,

Jerry Curtis
President & CEO

Educational Tidbits For Today's Credit Executive
Due Diligence When a Debtor Files Bankruptcy

When a debtor files for bankruptcy protection, there is some useful information that should be reviewed in due diligence. First, you should review the bankruptcy petition and all public documents related to the filing that are posted on the court docket and available at the websites of each of the U.S. Bankruptcy Courts. (Note that there is a charge by the Administrative Office of the U.S. Courts for retrieving data electronically.) Second, you should review the debtor's financial statements. Finally, you should consider reviewing media accounts of the bankruptcy, such as are available at standard daily and weekly print and electronic sources including, of course, this company's online daily and weekly publications.

The Credit Manager's Q&A Corner

YESTERDAY'S QUESTION: Explain the statutes of limitations with regard to past-due accounts.

ANSWER: The statute of limitations concerns the amount of time within which a legal remedy may be brought. In the case of the collection of a debt, many statutes of limitations are set by individual states and may vary considerably based on the type of contract. For example, the limitation on a judgment may be longer than one involving open or revolving accounts. It should be noted that the statute of limitations can often be revived with either a partial payment or a written promise to pay.
A debt collector isn't bound by a statue of limitations when requesting payment on a debt. However, the debt collector may violate provisions of the federal Fair Debt Collection Practices Act when threatening to take legal action when the debt has gone beyond the statutory time limit. Some consumer lawyers have been arguing recently that attempting to collect on a debt after the statue of limitations has expired is a misrepresentation of the legal status of the debt, and, as a result, is a violation of the Fair Debt Collection Practices Act.