Nexa Collections

Search Collection Agencies in North Dakota

Directory >> USA >> North Dakota

List of collection agencies in North Dakota

Need a good collection agency licensed to recover money in ND? Contact us

Debt Collection Laws in North Dakota

  1. Fair Debt Collection Practices Act (FDCPA): Similar to North Carolina and all other states, North Dakota is subject to the federal Fair Debt Collection Practices Act (FDCPA). This law applies to third-party debt collectors and protects consumers from abusive, deceptive, or unfair collection practices. It sets limits on when and how debt collectors can contact debtors, and provides consumers with a process for disputing debts.
  2. North Dakota Debt Collection Laws: North Dakota does not have a separate state Fair Debt Collection Practices Act as of 2021, but there are other laws in the state that regulate debt collection practices. For instance, debt collectors are required to be licensed and bonded.
  3. Statute of Limitations: As of 2021, in North Dakota, the statute of limitations for a written contract is 6 years. For open accounts (like credit cards), it is also 6 years. Once the statute of limitations has passed, a debt collector cannot sue the debtor for the debt. However, acknowledging the debt or making a payment can restart the statute of limitations.
  4. Wage Garnishment: In North Dakota, wage garnishment is allowed for various types of debts. There are limits set by both federal and state laws on the amount that can be garnished from a debtor’s paycheck. For instance, under federal law, the lesser of 25% of disposable earnings or the amount by which weekly disposable earnings exceed 30 times the federal minimum wage can be garnished.
  5. Bank Levies and Property Seizures: In North Dakota, creditors who have obtained a judgment against a debtor may be able to seize funds from bank accounts or place liens on property. There are certain exemptions to protect a minimum amount of income and assets for the debtor.
  6. Communication with Debt Collectors: Debt collectors are restricted from harassing, abusing, or using deceptive practices to collect debts. This includes limitations on the time of day they can contact the debtor and restrictions on communicating with third parties about the debtor’s debt.
  7. Exemptions: North Dakota law provides certain exemptions to protect a debtor’s property from being seized to pay a judgment, such as homestead exemptions and exemptions for personal property and vehicles.

Again, it’s important to note that laws can change, and the information I provided may not be up-to-date. Consulting a lawyer or legal aid organization for the most current information and advice on dealing with debt collectors in North Dakota is advisable.

Thanks to the oil boom, North Dakota’s economy is on the boom. This allows new medical practices and small businesses to emerge in the state.

Collection agencies licensed in the ND can recover money across the state, including Fargo, Bismarck, Grand Forks, Minot, West Fargo, Williston, Dickinson and Mandan.