Colorado Sample Letter for Notice of Judgment - Lien

State:
Multi-State
Control #:
US-0025LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Notice Of Judgment - Lien?

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FAQ

You may obtain a judgment lien by recording a certified transcript of the judgment with the county clerk and recorder in the county where the judgment debtor owns the real property. Another collection option is garnishment.

A judgment lien is a type of non-consensual lien (a lien that attaches to a property without the owner's agreement). It's created when someone wins a lawsuit against the property owner and then records the judgment against an asset such as a house, land, bank account, or other personal assets.

If the debtor does not comply with the court order to pay you, your attorney can file a Transcript of Judgment to obtain a lien on their property so that it can be used in collection proceedings. If the debtor has property in more than one county, you must record this in every county where the property is owned.

Generally, a lien of judgment expires six years after the entry of judgment unless revived. Colo. Rev. Stat.

File your lien claim with the Colorado county recorder Deliver your completed lien form to the recorder's office in the Colorado county where the property is located, and pay the filing fee. You will also need to include an Affidavit of Service, affirming the delivery of the notice of intent.

If the debtor does not comply with the court order to pay you, your attorney can file a Transcript of Judgment to obtain a lien on their property so that it can be used in collection proceedings. ... You can obtain a Writ of Continuing Garnishment to garnish the debtor's wages until you are paid what you are owed.

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Colorado Sample Letter for Notice of Judgment - Lien