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Civil litigation

judgments

The judgment is final decision made by the judge or jury that reflects how much the party who lost the lawsuit (the judgment debtor) owes the party who won the lawsuit (the judgment creditor)—including the rate of interest owed on the amount of the judgment until it is paid, the amount of court costs, and possibly the amount of the judgment creditor’s attorney fees the judgment debtor must pay as part of the judgment.

In Colorado, a judgment is the final decision made by a judge or jury in a lawsuit. It specifies the amount of money the losing party (judgment debtor) must pay to the winning party (judgment creditor). Colorado law also determines the rate of post-judgment interest that accrues on the unpaid judgment amount. As of the knowledge cutoff in 2023, the statutory interest rate can be found in Colorado Revised Statutes (C.R.S.) 13-21-101. Additionally, the judgment may include court costs and, in some cases, attorney fees if the court finds it appropriate and if such awards are supported by statute or contract. Once entered, a judgment is enforceable for a period of time defined by state law, and the judgment creditor can take various legal actions to collect the debt, such as garnishment or placing a lien on the debtor's property. It is important for both judgment debtors and creditors to understand their rights and obligations under Colorado law regarding the enforcement and satisfaction of judgments.

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Civil litigation

judgments

Individual & Family Legal Plan

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Colorado State Code

Colorado State Code

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Civil litigation

judgments