Posts Tagged ‘Debt Collection’

Child Support: The Compound-Interest Debt That (Almost) Never Goes Away

By Douglas A. Turner, Esq. • May 10th, 2007 • Category: Child Support Collection

Child Support Collection in Colorado
Question: If a parent owes $250.00 per month in child support and does not pay for 17 years, how much is owed at the end of 17 years?
Answer: In Colorado, about $175,000.00.
The issue of unpaid child support and unsupported children is an important issue in the United States. Over [...]



Collecting A Debt From A Colorado Probate Estate

By Douglas A. Turner, Esq. • Apr 13th, 2007 • Category: Estate Planning & Colorado Probate

Collecting a Debt from a Deceased: What Happens to A Person’s Debt When He Dies?
The death of a friend or working acquaintance is always a traumatic experience. However, if you are owed money, along with the sympathy card, send a written request for payment of any debts. Address that request to the personal representative of [...]