COLLECTION LAWS – NEW HAMPSHIRE (NH)
(1) Pre-Judgment Interest Rate: In New Hampshire, the pre-judgment interest rate is governed by RSA 524:1-a. The statute provides that the pre-judgment interest rate is calculated at the rate established by the court, which is generally based on the average rate of interest payable on judgments in the district courts of the state.
(2) Post-Judgment Interest Rate: Post-judgment interest in New Hampshire is governed by RSA 524:1-b. The statute specifies that the post-judgment interest rate is calculated at the rate established by the court, which is generally based on the average rate of interest payable on judgments in the district courts of the state.
(3) Statute of Limitations for Written Contract: The statute of limitations for written contracts in New Hampshire is defined in RSA 508:4. According to this statute, actions on written contracts must be commenced within 3 years from the date the cause of action accrues.
(4) Statute of Limitations for Oral Contract: The statute of limitations for oral contracts in New Hampshire is governed by RSA 508:4. According to this statute, actions on oral contracts must be commenced within 3 years from the date the cause of action accrues.
(5) Statute of Limitations for Open Account: The statute of limitations for actions based on open accounts in New Hampshire is defined in RSA 508:4. According to this statute, actions on open accounts must be commenced within 3 years from the date the cause of action accrues.
(6) Statute of Limitations for Contract for Sale of Goods: The statute of limitations for contracts for the sale of goods in New Hampshire is governed by RSA 382-A:2-725. According to this statute, actions for breach of contract related to the sale of goods must be commenced within 4 years after the cause of action accrues.
(7) Statute of Limitations for Promissory Note: The statute of limitations for actions based on promissory notes in New Hampshire is defined in RSA 382-A:3-118. According to this statute, actions on promissory notes must be commenced within 6 years after the cause of action accrues.
(8) Statute of Limitations for Enforcement of Domestic Judgment: The statute of limitations for enforcing domestic judgments in New Hampshire is governed by RSA 524:3-a. According to this statute, a judgment may be enforced at any time within 20 years from the date of the judgment.
(9) Statute of Limitations for Enforcement of Foreign Judgment: The statute of limitations for enforcing foreign judgments in New Hampshire is outlined in RSA 524:3-b. According to this statute, a foreign judgment may be enforced at any time within the earlier of 20 years from the date of the judgment or the time limit set by the foreign jurisdiction.
(10) Garnishment Exemptions: The exemptions for garnishment in New Hampshire are covered by RSA 512:17. The statute lists various exemptions from garnishment, including but not limited to certain portions of wages, public assistance benefits, and retirement benefits.
Disclaimer: Please note that the presented content is an outline of legal regulations, serving as a general overview rather than an exhaustive representation of comprehensive statutes. It is crucial to recognize that this outline does not constitute “legal advice.” Moreover, it is important to acknowledge that subsequent changes to the listed statutes may occur subsequent to this publication. It is recommended to consult an attorney in the jurisdiction to confirm the information is up-to-date and accurate.