Merge Legal Colorado Fair Debt Collections Forms For Free

The Colorado Fair Debt Collection Practices Act (CFDCPA) is a state law that governs the actions of debt collectors and collection agencies. It provides consumers with certain rights and restricts the practices collection agencies may use to attempt to collect debts.

Debt Validation Letter Example I am requesting that you provide verification of this debt. Please send the following information: The name and address of the original creditor, the account number, and the amount owed. Verification that there is a valid basis for claiming I am required to pay the current amount owed.

Use certified mail. If you are sending a debt collection letter for the purpose of informing debtors that legal action will soon be taken, you must be able to prove they received your communication. That means sending it by certified mail.

Pursuant to section 5-16-118, C.R.S., ?Any person acting as a collection agency must possess a valid license issued by the administrator?? Collection agency license requirements are laid out in section 5-16-119, C.R.S. If you wish to obtain a license, please download and follow the instructions on the application.

Legally Speaking, Emails are Considered Writings If sent to a consumer by a third-party debt collector, emails must comply with the Fair Debt Collection Practices Act (or FDCPA). If the email communication pertains to healthcare debt, the Health Insurance Portability and Accountability Act (HIPAA) applies.

You have the right to send what's referred to as a ?drop dead letter. '' It's a cease-and-desist motion that will prevent the collector from contacting you again about the debt. Be aware that you still owe the money, and you can be sued for the debt.