Nevada has no state income tax. It has streamlined LLC formation — you can incorporate in 24 hours for under $500. It has a homestead exemption that protects up to $605,000 in residential property from creditors. And it has some of the most aggressive asset-protection trust laws in the United States.

If you're a creditor trying to collect a commercial debt in Nevada, those last two facts should concern you more than the first two.

The Nevada paradox for creditors

The same features that make Nevada attractive for business formation make it challenging for debt enforcement. The state's debtor-friendly statutes were designed to attract capital — and they work. They also create a jurisdiction where commercial debtors have more tools to delay, shield, and restructure than in most other US states.

Consider the Nevada Revised Statutes on asset-protection trusts (NRS 166). A debtor can transfer assets into a self-settled spendthrift trust, and after two years, those assets become effectively unreachable by most creditors. The trust doesn't need to be disclosed in routine commercial transactions. By the time you discover it exists, the transfer period may already have lapsed.

We encountered this exact scenario with a construction equipment supplier owed $620,000 by a Las Vegas-based general contractor. The contractor had formed a Nevada asset-protection trust eighteen months before the first invoice went overdue. Coincidence requires a generous imagination.

What actually works in Nevada

Speed. Nevada's four-year statute of limitations on written contracts (NRS 11.190) is shorter than many creditors expect, particularly those accustomed to the six-year window in the UK or the ten-year period in some European jurisdictions. Delay isn't neutral — it's destructive.

The most effective enforcement path in Nevada depends on the debtor's structure. For LLCs — which account for a disproportionate number of Nevada commercial entities — a charging order is typically the primary remedy. This doesn't seize the LLC's assets directly but entitles the creditor to distributions. For debtors who control their own distribution schedule, this can feel like owning the right to someone else's generosity. Which is why it's often combined with other pressure: judgment liens on real property, garnishment of bank accounts, and — in cases involving fraudulent conveyance — direct asset recovery through NRS 112.

Our Nevada team — which includes a former Clark County District Court clerk and a forensic accountant who spent a decade with a Big Four firm in Las Vegas — approaches each case by mapping the debtor's full corporate and personal asset structure before any enforcement action begins. The mapping determines the strategy, not the other way around.

The $620,000 construction case

Returning to the construction contractor: the asset-protection trust appeared, at first glance, to have successfully shielded the debtor's primary assets. Our forensic review identified that several transfers into the trust occurred within the two-year vulnerability window — meaning they could be challenged as fraudulent conveyances under NRS 112.180.

We filed a motion to set aside the transfers. The debtor's attorney, recognising that a successful challenge would unravel the entire trust structure, recommended settlement. The contractor paid $585,000 — 94% of the original claim — within 45 days of our filing. The remaining balance was waived as part of the settlement structure.

Without the forensic asset analysis, this case would have been written off. With it, recovery took seven weeks.

The intelligence gap

Most creditors approach Nevada collection with the same playbook they'd use in Ohio or Pennsylvania: demand letter, judgment, garnishment. Nevada isn't Ohio. The state's asset-protection infrastructure means that enforcement requires forensic capability — the ability to trace assets through LLCs, trusts, and corporate structures that were specifically designed to frustrate creditors.

If you're owed money by a Nevada-based entity, the first question isn't "how do I collect?" It's "where are the assets, and what structures stand between them and enforcement?"

Request a Nevada situation report. Our team will map the debtor's asset structure and recommend the fastest enforcement path — before the statute of limitations makes the decision for you. Deploy our team.