State Resource Center > Nevada | Different State?
Choosing an Nevada Collection Agency
Nevada Collection Laws Interest Rate
| Legal: | 2% Over Prime |
| Judgment: | 2% Over Prime |
Nevada Collection Laws Statute Of Limitations
| Open Account: | 4 years |
| Written Contract: | 6 years |
| Domestic Judgment: | 6 years |
| Foreign Judgment: | 6 years |
Nevada Collection Laws Bad Check Laws (NSF) (Civil Penalty)
| Amount due, protest fees three times check amount not more than $500, or less than $100 |
Nevada Collection Laws General Garnishment Exemptions
| Garnish only. 25% of Disposable earnings for each week or 30 times federal minimum hourly wage (whichever is less) |
Nevada Collection Laws Collection Agency Bond & Licensing Rules
| Bond: | $25,000 to $50,000 |
| License: | Yes |
| Fee: | $300 initial, $200 renewal |
| Exemption for out of state collectors: Out of state collectors are exempt if [1] collecting by interstate means (phone, fax, mail); and [2] collecting for an out-of-state client. | |
Disclaimer: While we strive to keep our state resource data accurate and up-to-date, the information contained on this page is provided without any warranty (expressed or implied), and should not be considered legal advice. We assume no liability for its use.
Summit was there every step of the way with patience, good humor, and advice. We received payment in record time. I will definitely use Summit again for any of our debt collection needs.
Alison D., Credit Manager
International Distributor
International Distributor
Summit AR handled the accounts extremely professionally and kept that quality working relationship with our client intact. Best of all we received a 75% recovery rate. I would recommend them to any company.
Micah B., Director
National Franchisor
National Franchisor
You've been able to get our problem accounts paid in full so that I can focus on more profitable activities
Owner
IT Systems Co.
IT Systems Co.
I've been very impressed with how quickly you've recovered on accounts we thought were lost for good... many thanks!
Partner
Law Firm
Law Firm
You are definitely not the typical collection agency. I've experienced nothing but professionalism and unexpectedly good results versus my former agency... You actually give collection agencies a good name!
Manager
Medical Supply Co.
Medical Supply Co.
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Resource Center
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