Colorado Repo Laws - Repossession Laws
Repo Laws - Repossession Laws in Colorado:
Where do I refer to for Title or License Registration?
For state Title and License Information, refer to:
1881 Pierce Street
Shown on title held by lienholder.
Must be recorded in the County
Recorders office where buyer resides
or where property is located.
Uniform Commercial Code adopted
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful, after 20 Day Right to
Cure Letter from lienholder to
debtor (except skips, leases, lack
of insurance or third party
possession). The Debtor must be sent
a Consumer's Right to Cure allowing
debtor 20 days to bring account
No redemption after foreclosure.
Deficiencies are permitted and
confession of judgment notes do not
render the note illegal.
Liens on motor vehicles, in order to
be effective as to third parties,
must appear on title. This is in
lieu of general recording. Secretion
or concealment of mortgaged property
is a crime.
Repossession title in name of lienholder which is then signed off before release.
Documents Required for Liquidation:
Repossession title is issued to lien-holder only. Title and DR412 (Repossession Affidavit) and Application for New Title. Lien-holder may sell vehicle without first applying for new title.
Remain with the owner / debtor.
All recovery requirements and fees are current as of 2002.
Repo-Laws.com does not warrant the accuracy of these Repo Laws - Repossession Laws or recovery requirements. The Repo Laws - Repossession Laws or recovery requirements listed on Repo-Laws.com are only a starting point for reference, and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or state if you have any questions about repossession there.