Nevada Collection Agency Laws

Nevada Collection Agency Laws that regulate debt collection.

The Creditors Guide To Nevada Collection Laws

Following is a some important information on NevadaCollection Laws including: Nevada Statutes, Nevada Judgments, Nevada Garnishments, Nevada Interest Rates, Nevada Bad Check Laws and Nevada Collection Agency Requirements. Please be sure that you check the Nevada State website for the latest updates to the Nevada Collection Agency Laws.

INTEREST RATE

• Legal: 2% Over Prime
• Judgment: 2% Over Prime

STATUTE OF LIMITATIONS (IN YEARS)

• Open Acct.: 4
• Written Contract: 6
• Lease: 4
• Domestic Judgment: 6
• Foreign Judgment: 6

BAD CHECK LAWS (CIVIL PENALTY)
Amount due, protest fees three times check amount not more than $500, or less than $100

GENERAL GARNISHMENT EXEMPTIONS
Garnish only. 25% of Disposable earnings for each week or 30 times federal minimum hourly wage (whichever is less)

COLLECTION AGENCY BOND & LICENSE

• Bond: $25,000 to $50,000
• License: Yes
• Fee:
  • $250 - App. Survey
  • $300 - Original
  • $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.

Recommended Nevada Collection Agency Listings:

NevadaCollection Agency
Debt-Collection-Laws.com offers you a directory of the top ranked debt collection agencies in the United States by state.

Please note this website site not intended to give legal advice and may not be complete or up to date with the most current Nevada collection laws changes.

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