Colorado Commercial Collection Agency

Colorado Collection Agency
Colorado Collection Laws

Burt and Associates is a Collection Agency that specializes in Commercial Collections.

Full Debt Commercial Collection Agency Coverage for Colorado CO

Aspen | Boulder | Colorado Springs | Denver | Fort Collins

Burt & Associates a national debt collection agency with full collection coverage for Colorado. We invite you to review our services and feel free to contact us with any questions or comments you may have.

Contact Burt & Associates

By Phone:
Toll free: 1-877-740-7839

Or Fill out our Collection Agency Contact form

To Get A Free Quote, know our Collection Rates or call us toll free 1 (877) 740-7839 and get started today!

Colorado Collection Laws

We hope that this information on Colorado Collection Agencies assists you. The following is a summary of the Colorado Collection Laws. The information here may not be 100% accurate and should not to be construed as legal advise.

• Colorado Collection Laws Interest Rate
  Legal: 8%
  Judgment: 8% (or higher if specified in contract or note)


• Colorado Collection Laws Statute Of Limitations (Years)
  Open account : 3
  Written Contract: 6 (signed promissory note)
  Written Contract Goods Services: 3
  Domestic Judgment
  District Court-20 (renewable every 20)
  County Court-6 (renewable every 6)
  Foreign Judgment: 6 in CO
  
  
• Colorado Collection Laws Bad Check Laws (NSF) (Civil Penalty)
  Treble Damages & Reasonable Fees


• Colorado Collection Laws General Garnishment Exemptions
  See federal law

Colorado Debt Collection Tips

Burt & Associates wishes its clients and professional associates a prosperous and safe new year. As the year closes, we thank you for your continued faith in Burt & Associates to provide your business with the best in accounts receiveable management services.

Burt & Associates is a member of the American Collectors Association, The Commercial Law League of America, Turnaround Management Association and is SAS70 Type II certified in compliance with the strenuous guidelines of the Sarbanes-Oxley Act.

As always, should you have any questions, comments or suggestions, please do not hesitate to contact your National Account Executive today.

With warmest regards,

Jerry Curtis
President & CEO

Educational Tidbits For Today's Credit Executive
Revisions in Sarbanes-Oxley

The Public Company Accounting Oversight Board has made some specific proposals to address complaints that the Sarbanes-Oxley Act presents burdensome work on public companies that need to assure the accuracy of their financial reports. The Public Company Accounting Oversight Board admitted that certain standards under section 404 of Sarbanes-Oxley have resulted in expensive and inefficient auditing standards. Less than a week earlier, the Securities and Exchange Commission made similar proposals to reduce the amount of money companies need to spend to evaluate their financial controls. One proposal would be to make the rules largely applicable for the largest companies, reducing the number of rules for smaller firms and exempting the smallestcompanies from at least most of the rules. Sarbanes-Oxley was passed in the wake of big accounting scandals that involved financial shenanigans such as Enron Corp. and WorldCom Inc.

The Credit Manager's Q&A Corner

QUESTION: Explain the term "attachment" in the context of the collection process.

ANSWER: Attachment has been defined as a method whereby a debtor's property, real or personal, or any interest therein, capable of being taken under a levy of execution, is placed in the custody of the law to secure the interests of the creditor, pending the termination of the cause.