Showing posts with label Debt State Statutes in Colorado. Show all posts
Showing posts with label Debt State Statutes in Colorado. Show all posts

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