united-states colorado loan
How can you enforce repayment of a loan with no due date?
<p>Suppose you loan someone money with an informal but written agreement. No due date is specified. You know they have since obtained a large sum of money, and could pay you back immediately.</p>

<p>However, they say they owe you nothing and refuse to pay. Is there an efficacious legal avenue available?</p>

<p><a href="/questions/tagged/colorado" class="post-tag" title="show questions tagged &#39;colorado&#39;" rel="tag">colorado</a></p>
<p>If you have a dispute over values worth not more than $7500, you may sue in <a href="https://www.courts.state.co.us/Self_Help/smallclaims/" rel="nofollow noreferrer">Colorado Small Claims Court</a>.</p>
<p>If the value is worth more than $7500, you can also waive the excess value and stay in that court, though you will not be able to collect that excess amount (and no, you can't cheat by breaking it into multiple small claims).</p>
<p>If the dispute value is significantly more than this, or you do not wish to waive, you need a lawyer who is certified and qualified according to the regulations for your state.</p>
<p>If a contract doesn’t specify a time for something to be done, it must be done in a <a href="https://legal-dictionary.thefreedictionary.com/reasonable" rel="nofollow noreferrer">reasonable</a> time.</p>
