Colorado Foreclosure Protection Act - Colorado General Assembly 2025

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The chief purpose of the Colorado Foreclosure Protection Act is to protect homeowners from being taken advantage of during the foreclosure process by providing clear rules and regulations governing the activities of foreclosure consultants and equity purchasers.
Under federal law, the servicer usually cant officially begin a foreclosure until youre more than 120 days past due on payments, subject to a few exceptions.
121 1-15(8) states that [m]oving counsel shall confer with opposing counsel before filing a motion. At the outset of this action, the Court now provides the parties with its interpretation of this rule, so that the parties will have a clearer understanding of their duties in the event they decide to file motions as
A Rule 120 hearing is the result of motion that is being filed by the lender asking the District Court of the county where your house is located for an order authorizing the foreclosure sale. A Rule 120 hearing determines if the lender has the right to foreclose on the property and have it sold at a public auction.
On May 30, 2006, the Colorado Foreclosure Protection Act was signed into law creating new restrictions and concerns for investors buying property from a Seller in the foreclosure process. We were able to work with the Colorado Attorney Generals office and the legislature and help draft the new law.
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