VIRGINIA

Interest Rate
Legal: 8%
Judgment: 9% or contract rate whichever is higher

Statute of Limitation (in Years)
Open Account: 3 Last charge or payment
Written Contract: 5
Domestic Judgment: 20
Foreign Judgment: 10
Sales of goods under article 2 is 4 years

Bad Check Laws (Civil Penalty)
Amount of check plus legal interest from the date of the check, check charges and a processing fee of $25; three times the amount of the check, up to a maximum amount of $250.

STATE LINKS

State Home Page
Secretary of State
Attorney General
Law Library
Judicial System
Federal Courts
State Courts
State Statutes
State Cases

The summary of debt collection laws and other information contained herein is provided for informational purposes only and is not intended as legal advice. Please be aware that state debt collection laws are frequently revised. Users of this site are advised to consult with independent legal counsel to verify any information contained herein. Links to information on sites other than those operated by the collection agency MetroGroup are for your convenience only and do not constitute an endorsement or recommendation of those sites. The collection agency MetroGroup does not take any responsibility for information at those sites, nor does the collection agency MetroGroup make any representation or warranty whatsoever with respect to those sites or their information.

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