Colorado Slow Pay Motion

State:
Multi-State
Control #:
US-02672BG
Format:
Word; 
Rich Text
Instant download

Description

A Slow-Pay Motion is a pleading that asks the Judge to let a defendant in a case make small or manageable payments on a judgment against the defendant. The payments should be fixed to leave defendant enough money to pay other necessary bills.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

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.

Limits on Wage Garnishment in Colorado Colorado law permits creditors to garnish the lesser of: 20% of your disposable earnings for that week, or. the amount of your disposable earnings for the week that exceeds 40 times the state or federal minimum wage.

Limits on Wage Garnishment in Colorado Colorado law permits creditors to garnish the lesser of: 20% of your disposable earnings for that week, or. the amount of your disposable earnings for the week that exceeds 40 times the state or federal minimum wage.

In other words, if a person is only working 30 hours a week at a minimum wage, or if a person's weekly earnings are only the equivalent of 30 times the hourly minimum wage, these wages will be exempt from garnishment.

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.

A Writ of Garnishment is effective for 182 days (or 91 days, for a judgment that was entered before 8/8/2001). Once the effective period for a Writ ends, payment will begin on the next Writ in line.

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Colorado Slow Pay Motion