Colorado Attorney General Cynthia H. Coffman Continues Crackdown on Unscrupulous Debt Collectors
DENVER -- Colorado Attorney General Cynthia H. Coffman announcing additional actions against debt collectors resulting from Colorado’s collaboration with the Federal Trade Commission and its “Operation Collection Protection” (“OCP”).
“It is important that Colorado families are protected from debt collectors who use strong-armed tactics that are often illegal,” said Attorney General Coffman. “There are many debt collectors who work within the law, but Coloradans deserve recourse from those companies who do not and who intentionally prey on our citizens.”
Collect Pros, a Nevada corporation, was collecting from Colorado consumers on alleged debt from magazine subscriptions and a variety of health and wellness products. Through OCP, various states and regulatory agencies were able to share information resulting in actions across the nation against Collect Pros. Research identified 3,300 consumer collection accounts in Colorado. Collect Pros’ collection agency was subsequently denied license based on violations of the Colorado Fair Debt Collection Practices Act, including not providing required disclosures and information to consumers, and not providing valid verification of the debt.
“Because many of these bad actors do business across state-lines or from overseas, I value Colorado’s partnerships with the FTC and other state attorney’s general,” said General Coffman. “In working together, sharing information and best practices, and coordinating enforcement efforts, we can eliminate abusive and unlawful debt collection practices.”
To learn more about debt collection laws, to file a complaint or to verify whether a debt collector is licensed to collect in Colorado, click here.
DateJanuary 7th, 2016