Legal Question in Real Estate Law in Nevada
2002 Judgement awarded against me in Colorado for an unsecured debt. 2003 purchased a home in Nevada and recorded a Homestead on it. 2008 an Abstract Judgement recorded against my home in Nevada. After research, I've found that the Abstract Judgement was not domesticated in NV court prior to recorded with County Clerk. Do I have legal grounds to file a motion to Avoid Abstract Judgement? Or when will the SoL expire? Thanks.
1 Answer from Attorneys
Under Nevada law, the limitations period regarding enforcement of a foreign judgment are usually governed by the State in which the judgment was initially rendered. Upon showing that the foreign judgment is valid and enforceable in the issuing state, a judgment creditor may domesticate a new foreign judgment in Nevada, even after Nevada's limitation period for the enforcement of judgments has expired on the original domesticated foreign judgment. Your attorney can explain further.