Burt and Associates is a Collection Agency specializing in Commercial Collections with coverage for Nevada.
Las Vegas | Paradise | Reno | Henderson
How to get Started:
Contact us to speak with a New Account Information Representative. We will discuss your overdue accounts in detail. After a thorough debtor investigation, we will tell you which accounts show promise of collection (there may be conditions, such as bankruptcy, that have voided the debt). We will also suggest which accounts may be better handled in-house.
Contact Burt & Associates
- Toll-free: 1-877-740-7839
- Fill out our Contact Form online
- For a Free Quote, fill our Get Quote Form online
With the improving economy, Burt and Associates may be able to help collect debts that were previously uncollectable. Some debtors are in a better financial position than they have been in years—all the more reason for you to collect the money owed to you.
Las Vegas, NV Collection Laws
Understanding the specific collection laws in Las Vegas is critical for managing your accounts. Below is a summary of relevant Nevada collection laws:
- Interest Rate on Judgments: Legal rate: 2% over prime. Judgment interest: 2% over prime.
- Statute of Limitations:
- Open Accounts: 4 years
- Written Contracts: 6 years
- Lease Agreements: 4 years
- Domestic Judgments: 6 years
- Foreign Judgments: 6 years
- Bad Check Laws (NSF): Civil penalty for bad checks includes the amount due, protest fees, and a penalty of three times the check amount. The penalty cannot exceed $500 or be less than $100.
- Garnishment Exemptions: Garnishment is limited to 25% of disposable earnings for each week or 30 times the federal minimum hourly wage, whichever is less.
Essential Considerations for Las Vegas-Based Businesses
- Legal Compliance: Ensure your collection practices comply with Nevada’s laws to avoid legal risks.
- Economic Opportunities: Las Vegas’s recovering economy offers a strategic advantage for debt collection, as many debtors may now be in a better position to settle their debts.
- Tailored Collection Strategies: Burt and Associates provides customized collection strategies designed to meet your business’s unique needs. These strategies ensure the highest possible recovery rate while maintaining professional relationships.
