Colorado Business / Commercial Litigation

Collections – Colorado Commercial Litigation Attorneys

 Collections - Denver Business Lawyer - Colorado Burg Simpson Debt collection is not only a sensitive area of law, but it is also one that has seen a lot of changes over the past several years. This past legislative session in Colorado, for example, the General Assembly passed Senate Bill 17-216, which amends and extends the Colorado Fair Debt Collection Practices Act. Most of those changes went into effect Aug. 9, 2017.

If you need strong courtroom advocacy in debt collections matters, we are your team. Please contact us today to speak with one of our experienced Colorado commercial litigation attorneys. As an example, if you have debtors who are not paying their bills or you are otherwise struggling to collect debts owed to you, Burg Simpson has an aggressive group of trial lawyers who can assist you. Get in touch with Denver corporate litigation lawyer today by calling 303-792-5595.

Some of the critical changes made to Colorado’s debt collection law, in addition to extending it until 2028, include:

  • Definition of a debt buyer – The law redefines what a debt buyer is, including them in the legislation for the first time. It clarifies that debt buyers are, in fact, considered to be collection agencies. A debt buyer is now defined as “a person who engages in the business of purchasing delinquent or defaulted debt for collection purposes, whether it collects the debt itself, hires a third party for collection, or hires an attorney for litigation in order to collect the debt.” However, debt buyers are excluded from the law’s bond requirement as long as the buyer doesn’t engage in the services of a third-party debt collector.
  • Legal action requirements – The amended law also establishes new requirements for legal actions filed by debt collectors or collection agencies.
  • Statute of limitations – The amended law also clarifies the statute of limitations for private actions is two years.

If you are a debt buyer or collection agency, you might need professional legal advice on how to operate under the constraints of this revised legislation. Do not risk making a mistake that could threaten your business. Call an experienced Colorado corporate litigation attorney at Burg Simpson immediately at 303-792-5595.

It is critical for anyone attempting to collect a debt in Colorado to keep in mind what the law does and does not allow. For example, collectors cannot:

  • Harass or abuse debtors: This includes threats of violence or property damage. This provision of Colorado law also forbids profanity and badgering, non-stop phone calls.
  • Lie to borrowers: This includes claims of false affiliation with government agencies, misrepresentation of the actual debt, or falsely accusing the debtor of criminal activity.
  • Act unfairly: This can include taking more than what is actually owed or threatening legal actions, such as repossession, when it is not warranted.

Our Colorado Commercial Litigation Attorneys Are Here To Help

Debt collection can be a difficult undertaking, whether it is the primary function of your business or it plays a secondary role, such as collecting money that customers or vendors owe you. It does not help that the law is constantly changing and that there are separate federal and state statutes that have to be navigated. Burg Simpson’s Colorado corporate litigation attorneys are not only experienced, but they are up to date on all these amendments. If you are encountering issues with collections of any kind, Burg Simpson can help. Call us right now at 303-792-5595.

 November 19, 2019

Jury Awards a $58 Million Verdict in the “Body Parts Case”

Jury Awards a $58 Million Verdict in the “Body Parts Case”: Ten of 21 plaintiffs who sued a now-shuttered Phoenix body donation company will be awarded $58 million. Burg Simpson shareholders Michael S. Burg, David K. TeSelle, Holly B. Kammerer, and their team of lawyers and legal professionals, recently brought justice for their clients when a Maricopa County… Read more »

 November 8, 2019

Injured? Med Pay Benefits May Be Available

Injured? Med Pay Benefits May Be Available Medical payment insurance, or “med pay” for short, is a type of insurance that provides for the payment of an injured person’s medical bills- up to a certain amount- if there has been an accident, regardless of who was at fault. Although one can purchase med-pay insurance as… Read more »

 November 6, 2019

BURG SIMPSON: “BEST LAW FIRM 2020” RECIPIENT

BURG SIMPSON: “BEST LAW FIRM 2020” RECIPIENT ABOUT THE “BEST LAW FIRMS” LIST U.S. News & World Report and Best Lawyers cooperatively released its tenth annual list of “Best Law Firms” rankings. Burg Simpson was included as a #1 National Ranked law firm for Mass Tort Litigation & Class Action suits. Firms included in the 2020 Edition of… Read more »

 November 5, 2019

Channel 7 Interviews Burg Simpson About the “Human Body Part Case”

THE HUMAN BODY PART CASE Channel 7 interviews Burg Simpson About the “Human Body Part Case”: Michael S. Burg and David K. TeSelle, trial lawyers at the Denver-based firm of Burg Simpson Eldredge Hersh & Jardine, were recently interviewed by Denver’s Channel 7 about a once-secret black-market industry that involves the selling of human body… Read more »

Holding Pharmaceutical Companies Responsible – Mass Tort | Dangerous Drugs & Medical Devices

 November 12, 2019

Holding Pharmaceutical Companies Responsible – Mass Tort | Dangerous Drugs & Medical Devices

Burg Simpson’s Colorado mass tort attorneys have represented thousands of people who have suffered serious side effects after taking dangerous medications or those who have been hurt by a defective product.  If you have suffered injuries related to a defective drug or medical device, contact the Burg Simpson mass tort team at 303-790-2525.

bike-crash-safety

 November 8, 2019

Bike Crash Safety Video – Burg Simpson Personal Injury

The personal injury attorneys at Burg Simpson help fellow bicycle enthusiasts understand how to protect their rights after a bike crash and stay safe on the roads. If you have been hurt in a bike crash and need help, reach out to us today by calling our office or filling out our online free case… Read more »

7th Annual Jeremy Bitner Memorial Run for the Fallen Officers Fund

 July 1, 2019

7th Annual Jeremy Bitner Memorial Run for the Fallen Officers Fund

The Jeremy Bitner Foundation was established in honor of Englewood Police Detective Jeremy Bitner. Detective Bitner lost his life in the line of duty on May 28, 2012, after being struck and killed by a vehicle while performing a traffic stop. Jeremy served the Englewood Police Department for 8 years and during that time was assigned… Read more »

The 2019 Burg Simpson Scholarship Awards Dinner

 May 7, 2019

The 2019 Burg Simpson Scholarship Awards Dinner

The 2019 Burg Simpson Scholarship Awards Dinner was held at Maggiano’s on April 25th to recognize the ten winners of the firm’s annual scholarship competition. The firm’s founder Michael Burg, and shareholders Peter Burg and Stephan Marsh presented awards to the 2019 winners! This year’s recipients included Ms. Madison Frotten, Mr. Dale Kim, Ms. McKenna… Read more »

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