Colorado Amends Fair Debt Collection Practices Rules

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Colorado’s Administrator of the Uniform Consumer Credit Code recently amended the rules implementing the state’s Fair Debt Collection Practices Act.  

The amendments include various technical and procedural changes as well as adjustments to certain timing requirements and fees.  Provisions governing collection costs, letters of admonition, and the retention of recorded communications were also amended.  The amendments will go into effect on June 30, 2021.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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