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People also ask
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What happens after a judgement is entered against you in Colorado?
The judgment also gives the plaintiff the right to collect money from the defendant's bank account or salary. After entry of judgment, the other person can start enforcing or collecting on the judgment. See collecting a judgment (can link to the money judgement section - collections).
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What is the new garnishment law in Colorado?
The act changes the amount subject to garnishment to 20% of the individual's disposable weekly earnings 40 times the amount by which an individual's disposable earnings for a week exceed the state or federal minimum wage.
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What happens if a defendant does not pay a judgment in Colorado?
The default judgment usually gives the plaintiff the right to collect the amount of money that was asked for in the complaint, plus interest and court costs. The judgment will appear on the defendant's credit report, and it can be there for up to seven years if it is not paid.
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How to enforce a judgment in Colorado?
Ways to Collect Your Judgment in Colorado Post-Judgment Interrogatories. ... Obtaining a Lien on Real Property. ... Collecting from the Debtor's Wages. ... Collect from the Debtor's Bank Account. ... Seize the Debtor's Property. ... Garnishment, Sale, and Levies. ... Charging Order.
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Can you go to jail for not paying a judgement in Colorado?
If the judge finds that you are in Contempt of Court, the judge can order jail time as a punishment for the Contempt of Court.
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How long is a writ of garnishment good for in Colorado?
(1) A writ of continuing garnishment shall be a lien and continuing levy against the nonexempt earnings of the judgment debtor until such time as earnings are no longer due, the underlying judgment is vacated, modified or satisfied in full, the writ is dismissed, or for 91 days (13 weeks) following service of the writ, ...
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What personal property can be seized in a judgement in Colorado?
If you went to court and got a money judgment against someone, but they are not paying you the money, you can go after that person's personal property, including bank accounts or other assets (other than wages) by filing garnishment paperwork with the court.
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How do I stop a garnishment in Colorado?
In some instances, filing for bankruptcy may be the solution to assist you with your wage garnishment. You may also be able to protect yourself by filing an exemption claim with the court or by raising an objection to the wage garnishment.
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