Saturday, January 7, 2012

Debt State Statutes in Nevada

WAGE GARNISHMENT EXEMPTION: 25% of disposable earnings or 30 times the federal minimum hourly wage, whichever is less



MAXIMUM INTEREST RATE: Legal: 2% over prime rate Judgment: 2% over prime rate



STATUTE OF LIMITATIONS FOR ENFORCEMENT:



Open Account (credit cards): 4 years

Written Contract: 6 years

Domestic Judgment: 6 years

Foreign Judgment: 6 years

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