Colorado

 

To find out how we can collect money in Colorado, please call our corporate office today at 214.484.0592 or email us at sales@legalinvgroup.com

 

STATE: COLORADO

INTEREST RATE

  • Legal: 8%
  • Judgment: 8% (or higher if specified in contract or note)

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Acct.: 3
  • Written Contract: 6 (signed promissory note)
  • Written Contract Goods Services: 3
  • Domestic Judgment
    • District Court-20 (renewable every 20)
    • County Court-6 (renewable every 6)
  • Foreign Judgment: 6 in CO.

BAD CHECK LAWS (CIVIL PENALTY)
Treble Damages & Reasonable Fees

GENERAL GARNISHMENT EXEMPTIONS
See federal law.