IC System is collecting credit card debt in Colorado where the statute of limitations is 6 years. Average credit card debt: $5,221. Garnishment limit: 25% or amount exceeding 40x federal min wage.
6 years
Statute of Limitations
$5,221
Average Credit Card Debt
25% or amount exceed
Garnishment Limit
Known IC System Violations
Reporting unverified debts to credit bureaus
Continuing collection after dispute without validation
Using misleading language about legal consequences