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.