Nevada Collection Agencies
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One way to recover more from your delinquent accounts is to hire Nevada collection agencies. Nevada collection agencies can locate debtors and collect the money owed to your business, practice or facility. If used early, Nevada collection agencies can often recover a meaningful portion of your unpaid accounts.
In addition to increasing your chances of actually getting paid, using a Nevada collection agency can save you a lot time and money � two of your most valuable resources. With their custom-designed debt collection systems, computers and software, a Nevada collection agency can be more effective in recovering delinquent accounts than you can, after more than 60-90 days have passed.
Although most Nevada collection agencies can charge between 30 to 50 percent of what they recover, you still end up with more than you probably could have collected on your own. There are also Nevada collection agency services that charge a low flat fee instead of a higher percentage. Collection coverage in these: Boulder, Carson City, Elko, Fallon, Gardenerville, Henderson, Incline Village, Las Vegas, Mesquite, North Las Vegas, Pahrump, Reno, Spanish Springs, Sparks, Spring Creek, Spring Valley, Sun Valley, Sunrise Manor, Whitney, Winchester and other Nevada cities.
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.
We hope that this information on Nevada Collection Agencies assists you in finding a Nevada collection agency and researching Nevada collection laws.
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