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Nebraska Debt Collection Laws and Statutes

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

STATE: NEBRASKA

Interest Rate

  • Legal: 12%
  • Judgment: 2% above the bond investment yield of the 28 week U.S. Treasury Bill

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 4
  • Written Contract: 5
  • Domestic Judgment: 5 renewable every 5
  • Foreign Judgment: 5 non-renewable

BAD CHECK LAWS (CIVIL PENALTY)

Amount due, costs, protest fees.

GENERAL GARNISHMENT EXEMPTIONS

Greater 75% disposable earnings (85% if head of household), or 30x fed. min. hourly wage.

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DEBT COLLECTIONS

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