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AB 483 Revises Procedures on Execution of Property

Assembly Bill No. 483 dated March 20, 2007 revises Nevada law regarding the execution of property and wages from a judgment debtor.

The bill makes personal property whose total value does not exceed $1,000.00 exempt from execution. It also exempts tax refunds from federal earned income credit or a similar state law from being garnished.

The original bill includes the proper forms for a notice of the writ of execution, a writ describing the property exempt from execution, and a description of how the judgment debtor can claim these exemptions.

AB 483 adds the above corrections to these forms. To view the full bill, please check here. 
http://www.leg.state.nv.us/74th/Bills/AB/AB483.pdf

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