Legal Question in Credit and Debt Law in Nevada

Re: lien

There is a space on the title of Nevada titled vehicles to name yourself as lienholder when you sell the vehicle on credit terms. If you failed to take advantage of this simple remedy, you will need to obtain a court judgment, and enforce it against whatever local assets the Sheriff can find. A judgment debtor in Nevada may exempt from enforcement up to $15,000 of equity in one vehicle, so that right may be an impediment to satisfying your claim. If the vehicles were never retitled out of your name, you should repossess and resell them in a commercially reasonable manner under NRS 482.616, et seq., in accordance with whatever written agreement between you and your buyer permits. Your attorney can advise further.