Nevada Satisfaction or Dismissal is a legal process that enables a creditor to collect a debt from a debtor. This process is used when a debtor fails to pay a debt according to the terms of an agreement or contract. The creditor can file a lawsuit against the debtor in order to obtain a court order that requires the debtor to pay the debt in full. If the debtor does not comply with the court order, the creditor can obtain a satisfaction or dismissal of the debt from the court. There are two types of Nevada Satisfaction or Dismissal: voluntary and involuntary. Voluntary Nevada Satisfaction or Dismissal occurs when the debtor negotiates with the creditor and agrees to pay the debt in full. Involuntary Nevada Satisfaction or Dismissal occurs when the court orders the creditor to accept a partial payment or to forgive the debt altogether. In either case, the debt is considered satisfied or dismissed and the debtor is no longer liable for the debt.