Monday, December 12, 2011

Debt State Statutes in Colorado

WAGE GARNISHMENT EXEMPTIONS: Federal law applies



MAXIMUM INTEREST RATE: Legal: 8% Judgment: 8% or contract rate



STATUTE OF LIMITATIONS FOR COLLECTION:



Open Account (credit card): 3 years

Written Contract: 6

Written Contract for Goods and Services: 3 years

Domestic Judgment (District Court): 20 years (renewable)

Domestic Judgment (County Court): 6 years (renewable)

Foreign Judgment: 6 years

No comments:

Post a Comment