Indiana Credit Laws
| INTEREST RATE | (Legal: 8%) | Judgment 8% or contractual |
| STATUTE OF LIMITATIONS | (In Years) |
Open Acct: 6 - Written Contract for payment of money -(executed before 9/1/82): 10 (executed after 8/31/82): 6 - Written contract (other than payment of money): 10 - Domestic Judgment 10 - Foreign Judgment 10 |
| BAD CHECK LAWS | (Civil Penalty) |
Triple check amount up to $500 over check amount + attorney fees & interest upto 18% per annum or 25% of triple check amount + attorney tees and interest at 8% per annum. |
| GENERAL GARNISHMENT EXEMPTIONS | 75% of disposable earnings for workweek or the amount of 30 x ted. mm. hourly wage, whichever is greater. | |
| HOMESTEAD EXEMPTION |
Real estate or personal property constituting the personal or family residence of the judgment debtor or a dependent of the judgment debtor or interests or rights in that real estate or personal property of not more than $7,500.00. |
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ADDING FEES |
silent in addressing whether collection agencies may add interest, fees or collection charges. |