Colorado § 5-17-105 Fees

Colorado Statutes

§ 5-17-105 — Fees

Colorado·Title 05 Consumer·Art. Colorado Child Support Collection -

(1)A private child support collector may not charge an obligee a fee unless:

(a)Before the obligee authorizes the fee, the amount of the fee, including the basis upon which the amount of the fee is calculated, is described accurately to the obligee in simple, easy-to-understand language; and

(b)Before the obligee incurs the fee, the obligee has authorized the fee in writing.

(2)A collector's contract with an obligee shall be for a specific dollar amount of child support to be collected. The contract shall explain in easy-to-understand language how the amount is to be calculated and may include any statutory interest to which the obligee is entitled and other amounts ordered by the court.

(3)A collector may charge a contingency fee for the collection of child support that i

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(1) A private child support collector may not charge an
obligee a fee unless:

(a) Before the obligee authorizes the fee, the amount of the fee, including
the basis upon which the amount of the fee is calculated, is described accurately to
the obligee in simple, easy-to-understand language; and

(b) Before the obligee incurs the fee, the obligee has authorized the fee in
writing.

(2) A collector's contract with an obligee shall be for a specific dollar
amount of child support to be collected. The contract shall explain in easy-to-understand language how the amount is to be calculated and may include any
statutory interest to which the obligee is entitled and other amounts ordered by the
court.

(3) A collector may charge a contingency fee for the collection of child
support that is based on a percentage of the total child support collected.

(4) The maximum fee that may be charged by a collector as specified in
subsection (3) of this section shall not exceed thirty-five percent of any amount
collected.

(5) No other fees, charges, or costs may be assessed against the obligee,
including an application fee.

Colorado § 5-17-105 (Fees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.