Nevada Revised Statutes 97B.060 – ‘Consumer debt’ defined
Current as of: 2022 | Check for updates
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‘Consumer debt’ means any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which the money, property, insurance or services which are the subject of the transaction are primarily for personal, family or household purposes, whether or not such obligation has been reduced to judgment.
Terms Used In Nevada Revised Statutes 97B.060
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.