Judgments and interest charges cannot resume in Indiana until Aug. 15.
6/8/2020 11:30
The Indiana Supreme Court on May 29 issued an order on the statute of limitations time limits and extending a garnishment order on Coronavirus Aid, Relief, and Economic Security (CARES) Act payments.
The order affects collectors in the accounts receivable management (ARM) industry in the following ways:
- Tolling: All “time limits” for “all judgments” and “other orders” and all time limits “in all other civil . . . matters before Indiana trial courts” have been tolled until Aug. 15, 2020. That means the statute of limitations periods have been suspended until Aug. 15, so the statute of limitations will not expire as a result of the order. The order also means that the expiration of (and time to renew) any judgment would be tolled until Aug. 15 as well.
- Suspension of Interest: No interest can be charged on the above matters (judgments and civil matters before Indiana trial courts) until Aug. 15.
- Attachments and bench warrants: Writs of attachment and bench warrants (e.g., for failure to appear) cannot be issued or served until Aug. 15.
- Coronavirus Aid, Relief, and Economic Security (CARES) Act: Extending a previous order, CARES Act stimulus funds cannot be attached or garnished until Jan. 1, 2021.
All prior orders referenced in the attached order are available here: https://www.in.gov/judiciary/3679.htm
For more information on how the ACA Licensing staff can assist with your licensing needs, please contact us at [email protected] or call (952) 926-6547.