485.305 - Payment of judgment in installments; default.
485.305 Payment of judgment in installments; default.
1. A judgment debtor upon notice to the judgment creditor may apply to the court in which the judgment was rendered for the privilege of paying the judgment in installments and the court, without prejudice to any other legal remedies which the judgment creditor may have, may so order and fix the amounts and times of payment of the installments.
2. The Department shall not suspend a license, registration or a nonresident’s operating privilege, and shall restore any license, registrations or nonresident’s operating privilege suspended following nonpayment of a judgment, if the judgment debtor gives proof of financial responsibility and obtains such an order permitting the payment of the judgment in installments, and while the payment of any such installment is not in default. The requirements of this section for reinstatement of a license, registration or privilege are in addition to the requirements of NRS 485.307.
3. If the judgment debtor fails to pay any installment as specified by such an order, upon notice of the default, the Department shall forthwith suspend the license, registrations or nonresident’s operating privilege of the judgment debtor until the judgment is satisfied, as provided in this chapter.
(Added to NRS by 1957, 724; A 1961, 145; 1985, 1177; 1999, 3585)