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, it is 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 nott 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 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.

 February 18, 2019

Ronald M. Sandgrund is Featured in the February Edition of the Colorado Lawyer

Ronald M. Sandgrund is Featured in the February Edition of the Colorado Lawyer Ronald M. Sandgrund, Of Counsel at Burg Simpson Eldredge Hersh & Jardine, was recently featured in the Member Spotlight section of the February edition of the Colorado Lawyer.  Mr. Sandgrund is a well-known trial lawyer and Colorado’s most prolific author of articles and… Read more »

 February 13, 2019

Biker Swallowed By Sinkhole

Burg Simpson Attorneys Win Second Appeal to Protect $7.3 Million Verdict On September 3, 2008, Mr. James Nelson suffered severe and life-changing injuries, including a permanent brain injury, when his bicycle was swallowed by a large sinkhole on a bike path located on the property of the United States Air Force Academy in Colorado Springs. … Read more »

Firefighters

 February 8, 2019

Burg Simpson Seeks to Protect West Metro Firefighters From Getting Burned

Brian Matise and Nelson Boyle at Burg Simpson are representing the engineers, fire investigators, and firefighters from the West Metro Fire District as part of a class action lawsuit. The complaint claims the department mishandled roughly $1.8 million in a retiree health account. Attorney Brian Matise said, “The brave men and women of the West… Read more »

Workers' Compensation

 February 7, 2019

Nick Fogel, a Burg Simpson Shareholder, Quoted in an Article Published by U.S. News

Nick Fogel, a Burg Simpson shareholder and the practice group leader of the firm’s workers’ compensation team, was quoted in a recent article published by U.S. News. Mr. Fogel discussed how employees risk medical uncertainty and serious financial consequences when their employer does not possess the required workers’ compensation insurance. To view the article in… Read more »

Bad Faith Insurance – When Your Insurance Claim is Denied or Delayed | Tom W. Henderson

 February 14, 2019

Bad Faith Insurance – When Your Insurance Claim is Denied or Delayed | Tom W. Henderson

When you purchase an insurance policy, it is expected that your insurance company will provide the policy coverage in case of an accident.  Unfortunately, insurance carriers frequently fail to pay the benefits they promised they would, or they fail to pay promptly and in the proper amounts. These actions by the insurance company could be classified… Read more »

What Makes A Good Medical Malpractice Case? | Scott J. Eldredge

 February 14, 2019

What Makes A Good Medical Malpractice Case? | Scott J. Eldredge

Medical errors are increasing in this country. Medical malpractice typically takes place when a surgeon, hospital, or other health care professional strays from the standard practices of their profession, which then results in the serious harm or death of a patient. While patients place trust and their lives in the hands of these medical professionals, medical… Read more »

Business / Commercial Litigation Trial Attorneys  | Michael S. Burg

 February 14, 2019

Business / Commercial Litigation Trial Attorneys | Michael S. Burg

Business and commercial law are typically lumped together because they go hand-in-hand so often. Most attorneys experienced in one type of law are usually experienced in the other as well.  The business and commercial litigation attorneys at Burg Simpson have the experience in successfully handling a variety of both business and commercial law cases. With… Read more »

We Are The Trial Lawyers | Michael S. Burg

 February 14, 2019

We Are The Trial Lawyers | Michael S. Burg

When selecting a trial attorney, it is important to select an attorney with the experience and resources to handle every aspect of your case.   What defines and differentiates Burg Simpson is we are prepared to fight for our clients. Our highly skilled trial lawyers, know the only way we are going to obtain an excellent… Read more »

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