Colorado Statutes

§ 5-16-110 — Multiple debts

Colorado·Title 05 Consumer·Art. Colorado Fair Debt Collection Practices Act
If any consumer owes multiple debts and makes any single payment to any collection agency with respect to such debts, the collection agency shall not apply the payment to any debt which is disputed by the consumer and when so informed shall apply the payment in accordance with the consumer's directions.

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Legislative History

Source: L. 2017: Entire article added with relocations, (HB 17-1238), ch. 260, p. 1089, � 1, effective August 9.

Nearby Sections

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