Legal Question in Credit and Debt Law in Nevada
is there a staute of limitations on debt in nevada?
Asked on 9/19/12, 5:24 pm
1 Answer from Attorneys
Paul Malikowski
Malikowski Law Offices, Ltd.
If the debt arises out of a contract, a loan or other account, yes. Various limitations periods exist under Nevada law. A limitations defense must be timely asserted and proven in court as an affirmative defense to a lawsuit on a debt, or it is waived. Your attorney can explain further.
Answered on 9/19/12, 5:45 pm
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