New York (NY)
Collection Agencies & Collection Law Firms in New York
Have unpaid invoices or bad debt owed by a New York business or resident? We match creditors with vetted collection agencies and New York-licensed collection attorneys. Free for creditors, no obligation.
Key New York collection facts at a glance
| Topic | New York (general rule) |
|---|---|
| Statute of limitations — written contracts | 6 years |
| Statute of limitations — open accounts | 6 years |
| Collection agency license required? | Yes — New York generally requires third-party collection agencies to hold a state license, registration or bond, at least for consumer debt. (verify) |
New York's Consumer Credit Fairness Act shortened the limitations period for many consumer credit debts to three years; New York City and some other localities license collection agencies separately.
These are general rules for orientation only; limitation periods depend on the contract, the type of debt, where suit is filed and events like payments or acknowledgments. Licensing rules often differ for consumer vs. commercial debt and change over time. Confirm with the New York regulator or a New York-licensed attorney. This is not legal advice.
Should I use a collection agency or a lawyer in New York?
For most past-due accounts, a collection agency is the first step: demand letters, calls and negotiated payment plans, usually on contingency. If the debtor disputes the claim, ignores the agency, or the balance justifies litigation, a collection attorney licensed in New York can file suit in the appropriate New York court and, after a judgment, use the state's enforcement tools such as garnishment, levies or liens. With a 6-year general window for written contracts, it pays to act well before deadlines approach. See collection agency vs. collection attorney.
What does it cost to collect a debt in New York?
Agencies typically work on contingency, with rates that vary by debt age, balance and volume; attorneys may charge contingency, hourly or flat fees plus court costs. Read our guide on how much collection agencies charge.
How do I place a New York account?
Gather your contract or invoices, statements and correspondence (see what to prepare), then submit the form below with New York preselected. We'll introduce you to partners that handle New York accounts — including commercial debt and litigation.
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Tell us about your receivables. We'll review and introduce you to vetted agencies or collection attorneys suited to your debt type, size and state.