Colorado Statute of Limitations

Colorado Collection Agency Laws

Every Colorado Collection Agency may collect files in Arvada, Aurora, Centennial, Colorado Springs, Denver, Fort Collins, Lakewood, Pueblo, Thornton, and Westminster.

Recover your delinquent accounts through an Colorado Collection Agency Service. Colorado collection agency services can locate debtors and collect the money owed to your business, practice or facility. Using a Colorado collection agency service can save you time and money.

With our custom-designed debt collection system, our collection agency can be more effective in recovering delinquent accounts, after more than 31 days have passed. We offer two ways to collect, which are our contingency method or our low flat fee instead of a percentage.

Following is some important information on Colorado state debt recovery laws including: Colorado Statutes, Colorado Judgments, Colorado Garnishments, Colorado Interest Rates, and Colorado Bad Check Laws.


STATE: COLORADO

Interest Rate

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

STATUTE OF LIMITATIONS (IN YEARS)

  • Open Account: 3
  • Written Contract: 6 (signed promissory note)
  • Written Contract Goods Service: 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.


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