Tagged By NRS 147

A bankruptcy estate may proceed to probate, but a probate estate may not seek BK protection.

Bankruptcy & Nevada Probate

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Nevada probate law and bankruptcy (“BK”) law often interact, and, at the surface may seem contradictory. After all, state laws govern probate matters, while the U.S. constitution give the federal government authority to establish bankruptcy&hellip

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Notice to Creditors in Nevada Probate

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Notice to creditors must be made by the personal representative under Nevada probate law.  NRS 147.010 (“A personal representative shall publish and mail notice to creditors…”). When a person dies (called the “Decedent”), they almost always&hellip

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Wilbur Clark owned the El Rancho Vegas. Clark’s estate was the subject of litigation over late creditor claims.

Late Creditor Claims in Nevada Probate

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  Late creditor claims, in theory, be allowed in Nevada probate proceedings. However, rulings by the Nevada Supreme Court clearly favor disallowing late creditor claims, except in extraordinary circumstances. In most Nevada estate proceedings, creditors&hellip

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