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List of collection agencies in Tennessee
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The statute of limitations on debt in Tennessee is six years. Tennessee exempts 75% of the debtor’s wages for most garnishments. Tennessee Fair Debt Collection Practices Act and Federal FDCPA laws protect debtors from harassment, abuse and misrepresentation by debt collectors.
Tennessee residents have an average credit card debt of $4,669.
The average graduate from a Tennessee institution is leaving campus with $26840 in student loan debt.