WBK Industry News - State Regulatory Developments

Colorado Amends Fair Debt Collection Practices Rules

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.