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. |
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