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Colorado Repossession Laws

We have compiled a free resource for Colorado residents, including all important repossession guidelines relevant to the state’s repo recovery system.

What's more, for repossession to take place in the state of Colorado, you must know that the required security interests should be shown on the title of the lien holder. Also, license plates need to stay with the debtor, and repossession is only acceptable when the peace is kept following 20 Day Right to Cure notification from lien holder to borrower. For registration details you should contact the Colorado Motor Vehicle Division at (303) 205-5608. Finally, there needs to be an affidavit of repossession, title, application for new title are all required for liquidation, and the lien holder may sell property without applying for new title

We have pride carrying out repo services in Colorado on everything from small equipment to large real estate. In addition, we process equipment all the way from its initial repo to the remarketing process. Lastly, we can take care of your item's storage, inspection and appraisal for resale all in a smooth process.

For more, call us today for a consultation and quote at (630) 358-9434.

 

TITLE STATE: Yes.
SECURITY INTERESTS: Shown on title held by lien holder.
LICENSE REGISTRATION: Colorado Motor Vehicle Division, 1881 Pierce St., Lakewood, CO 80215. Tel: (303) 205-5608.
RECOVERY REQUIREMENT: Colorado repossession allowed without committing a breach of the peace after 20 Day Right to Cure Letter from lien holder to debtor (except skips, leases, lack of insurance or third party possession).
DOCUMENTS REQUIRED FOR LIQUIDATION: Repossession title is issued to lien-holder only. Title and DR412 (Repossession Affidavit) and Application for New Title. Lien-holder may sell vehicle without first applying for new title.
PLATES: Remain with the debtor.

Constitution and Legislation

 

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Regulations and Other Agency Material

 

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