Chapter 6 - § 6.10 PROCEEDS OF SALE

• Jurisdiction: Colorado

§ 6.10 PROCEEDS OF SALE

C.R.S. § 38-22-114(1) covers instances where the proceeds of the sale are not enough to pay the lien claimants' claims or are over and above the amount needed to pay the claims.

[I]f the proceeds of such sale, after the payment of costs, are not sufficient to satisfy the whole amount of such liens included in the decree of sale, then such proceeds shall be apportioned according to the rights of the several parties. In case the proceeds of sale amount to

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