This notice is not from a debt collector but from the party to whom the debt is owed.
Colorado Notice by Mail to Debtor of Action if Payment not Made
Category:
State:
Multi-State
Control #:
US-01748BG
Format:
Word;
Rich Text
Instant download
Description
How to fill out Notice By Mail To Debtor Of Action If Payment Not Made?
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FAQ
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.
After you have collected your judgment in full or in part, you can fill out form JDF 111 and file it with the Court and record it with any county clerk and recorder where you previously recorded your transcript of judgment. This must be signed in front of a notary public.
To revive a judgment a motion shall be filed alleging the date of the judgment and the amount thereof which remains unsatisfied. Thereupon the clerk shall issue a notice requiring the judgment debtor to show cause within 14 days after service thereof why the judgment should not be revived.
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.
Under current law, the amount of an individual's disposable earnings subject to garnishment is either 25% of the individual's disposable weekly earnings or the amount by which an individual's disposable earnings for a week exceed 30 times the state or federal minimum wage, whichever is less.
* You need to make sure to collect your money before your judgment expires. * If you were awarded a money judgment in County Court, it will expire 6 years from the date of the judgment. * If you were awarded a money judgment in District Court, it will expire 20 years from the date of the judgment.
Rule 69 - Execution and Proceedings Subsequent to Judgment (a) In General. Except as provided in C.R.C.P. 103 or an order of court directing otherwise, process to enforce a final money judgment shall be by writ of execution.
