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Collection Agency Regulation: General Information

The Administrator for the Colorado Fair Debt Collection Practices Act will host a meeting for consumer advocacy groups and associations on Tuesday January 23, 2018.  Agenda
 
Senate Bill 17-216 was recently enacted and contains some substantive changes to the Colorado Fair Debt Collection Practices Act (CFDCPA).  Please click here to review a memo from the Administrator of the CFDCPA.

Administrator's Advisory Opinions

Please note: Opinions may not be applicable due to changes in the law or renumbering of statutes.


Meetings

The Colorado Collection Agency Board does not currently have an upcoming meeting scheduled.

Previous Meetings

Monday, April 25, 2016 - Meeting Agenda
Thursday, October 15, 2015 - Meeting Agenda | Meeting Minutes


News

AG Coffman Announces $491,000 Judgment Against Illegal and Abusive Debt Collection Agency

Colorado Attorney General Cynthia H. Coffman announced that her office has shut down the unlicensed debt collection company, Peak Resolution, LLC, and secured a judgment requiring the defendants to pay approximately $491,000 in consumer restitution, penalties, and attorney fees.  Dan Cane, Peak Resolution's owner, and Chris Hagerman, the company's primary manager, are also subject to the judgment.

Peak Resolution operated out of the Denver area from early 2014 through January 2015, illegally collecting money from thousands of consumers under its own name and various aliases, including PR & Associates; Paramount Recoveries; and Mile High Mediation, LLC.

Click here to read the full press release issued by Colorado Attorney General Cynthia H. Coffman.


Colorado Attorney General Cynthia H. Coffman has announced additional actions against debt collectors resulting from Colorado's collaboration with the Federal Trade Commission and its Operation Collection Protection ("OCP"). OCP is a collaborative effort to crackdown against abusive debt collectors nationwide. Led by the FTC, OCP includes more than 70 law enforcement partners.

In addition to the first round of actions announced in November 2015 and available here, the Colorado Attorney General's Office has announced three additional actions:
 


Click here to read the full press release issued by Colorado Attorney General Cynthia H. Coffman.

FTC Press Release

CAR

Licensed Collection Agencies & Disciplinary History


Laws & Rules


Contact Us

Colorado Department of Law
Consumer Protection Section, CAR
Ralph L. Carr Colorado Judicial Center
1300 Broadway, 6th Floor
Denver, CO  80203

car@coag.gov

Consumer Complaints: (720) 508-6022
Licensing: (720) 508-6020
Fax: (720) 508-6033