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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.
