Collection of judgments in the State of Colorado is relatively easy compared to many states. This is good news if you’re a plaintiff and not so good news if you have been sued by a collection agency.
After a court has entered a judgment against you, the court can issue a Writ of Garnishment against your bank account and against your paycheck. All the money in your bank account can be garnished. If any portion is exempt from garnishment, you must file papers with the county court to claim the exemption and get the money back. Meantime, you must try to live without the money. If your paycheck is garnished, you will lose 25% of each paycheck until the judgment is paid. The creditor can renew the garnishment until the judgment is paid in full.
Obviously, it is better to deal with a county court lawsuit now before a judgment is in place and your wages are being garnished. Once a judgment is in place, you will almost certainly have no other choice but to file bankruptcy because the creditor has little or no incentive to settle when the creditor already has a hold on your wages.
Are you being sued for another reason (something other than an unpaid debt)? Or do you need to file a case against someone? We offer FLAT FEES for trials of county court cases. No out of control hourly rates. More information at www.coloradocountycourts.com
Morris Law Office serves clients from the Denver area and the cities of Larkspur, Fort Collins, Greeley, Longmont, Boulder, Brighton, Broomfield, Castle Rock, Westminster, Arvada, Lakewood, Aurora, Centennial, Littleton, Englewood, Golden, and Northglenn, and throughout Denver County, Adams County, Douglas County, Weld County, Arapahoe County, and Jefferson County.