Not later than 10 days after a judgment is obtained against a structured settlement purchase company by a payee, the structured settlement purchase company shall file a notice with the Unit and, if applicable, the surety which issued the surety bond used by the structured settlement purchase company to satisfy the requirements of NRS 42.340. The notice must contain:

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Terms Used In Nevada Revised Statutes 42.355

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.

1.  A copy of the judgment;

2.  The name and address of the judgment creditor; and

3.  The status of the matter, including, without limitation, whether the judgment will be appealed or has been paid or satisfied.