NRS 143.140
Discharging debtor of estate, compromising claims and renewing obligations: Procedure.

1.

Except as otherwise provided in NRS 143.440, 143.455, 143.465, 143.650 or 143.655, if a debtor of the decedent is unable to pay all debts, the personal representative, with the approval of the court, may give the person a discharge upon such terms as may appear to the court to be for the best interest of the estate.

2.

A compromise may also be authorized by the court when it appears to be just and for the best interest of the estate.

3.

The court may also authorize the personal representative, on such terms and conditions as may be approved by it, to extend or renew, or in any manner modify the terms of, any obligation owing to or running in favor of the decedent or the estate of the decedent.

4.

To obtain approval or authorization the personal representative shall file a petition showing the advantage of the settlement, compromise, extension, renewal or modification. The clerk shall set the petition for hearing by the court, and the petitioner shall give notice for the period and in the manner required by NRS 155.010.

Source: Section 143.140 — Discharging debtor of estate, compromising claims and renewing obligations: Procedure., https://www.­leg.­state.­nv.­us/NRS/NRS-143.­html#NRS143Sec140.

143.010
Multiple personal representatives: Effect of absence or disability 143.020
Right to possession of decedent’s property. 143.030
Duty to take possession of estate and collect debts 143.035
Duty to use reasonable diligence 143.037
Duty to close estate within 18 months after appointment 143.040
Rights of surviving partner. 143.050
Continuing business of decedent 143.060
Extent of power to sue and be sued. 143.065
Statute of limitations for cause of action of decedent. 143.070
Actions by personal representative for conversion or trespass. 143.080
Actions against personal representative for conversion or trespass. 143.090
Action on bond of former personal representative. 143.100
Action for conversion before letters granted. 143.110
Procedure when conversion alleged: Citation 143.120
Procedure when conversion alleged: Commitment for refusal to appear for examination 143.130
Accounting by person holding assets of estate for personal representative 143.140
Discharging debtor of estate, compromising claims and renewing obligations: Procedure. 143.150
Action to recover fraudulently conveyed property for benefit of creditors. 143.160
Costs 143.165
Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance 143.170
Purchase of property of estate by personal representative. 143.175
Power to make certain investments. 143.180
Power to make loans, advances of credit and other investments insured by Federal Housing Administrator 143.185
Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives. 143.187
Power to hold stock in name of nominee 143.188
Power to direct termination of certain electronic or digital accounts or assets. 143.190
Cumulative method of service of process on personal representative 143.200
Actions not to abate on death, disqualification, resignation or removal of personal representative 143.210
Necessary parties to actions.
Last Updated

Feb. 5, 2021

§ 143.140’s source at nv​.us