Legal Question in Civil Litigation in Colorado
a person in CA loans a person in CO money, what type of recourse does the person in CA have to collect on the loan
Asked on 11/02/12, 5:30 pm
1 Answer from Attorneys
Dave Rich
Flatiron Legal Advisors, LLC
You would need to sue the person, likely in Colorado. The amount of the loan will determine what court you need to file in. If you have the loan in writing and have not filed a UCC-1, you might look into doing so, so your place in line is secured. Hope this helps.
Answered on 11/02/12, 8:03 pm