
| Rapid Recovery Locations |
| Henderson Henderson, NV 89052 Henderson, NV 89074 Las Vegas Las Vegas, NV 89109 Las Vegas, NV 89128 Reno Reno, NV 89501 |
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Nevada Collection Laws The following is a summary of the Nevada Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise. We make no warranty, express or implied concerning any information contained on this Nevada Collection Laws page, and we assume no liability for its use. Nevada Collection Laws Interest Rate Legal: 2% Over Prime Judgment: 2% Over Prime Nevada Collection Laws Statute Of Limitations (Years) Open account: 4 Written Contract: 6 Lease: 4 Domestic Judgment: 6 Foreign Judgment: 6 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: $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. Rapid Recovery hopes that this information assists you in finding a Nevada Collection Agency and researching Nevada collection laws. |