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A judgment in Colorado is effective until the statute of limitations expires. For judgments from the District level, it takes 20 years. For judgments from the County level, it takes 6 years.Colorado offers the option to renew judgments (every 20 years for a District level and every 6 for a County level).
So it depends on which court the judgment was obtained in as to how long it lasts.
Yes, that means that the initial term is 20 years, but they can renew it for another 20 years prior to the first term expiring.