Posts Tagged ‘Debts’

Common Legal Misconceptions

By Douglas A. Turner, Esq. • Dec 10th, 2007 • Category: Colorado Business Law, General Discussion, Legal Briefs

Over the years, our law office has dealt with many legal problems caused by misunderstandings about the law. For the benefit of all, a few of those misconceptions are listed in this article. Read on and test your legal skills!



Recovering Nonprobate Assets to Pay Claims Against An Estate

By Douglas A. Turner, Esq. • Dec 9th, 2007 • Category: Estate Planning & Colorado Probate

More and more individuals are avoiding probate by using revocable trusts, payable on death designations and joint tenancy. The end result is that when a person dies, their money quickly disappears leaving the creditors of the deceased with nothing but an account due and owing. However, there are ways to recover from those who received [...]



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 [...]