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Payment Plan Offer Letters & Top Pitfalls We’re Seeing (CO)

/ Owner - April 23, 2021

Back in 2013, HB-1276 was adopted in the Colorado legislature, which required an overhaul of Collection Policies and pre-collection procedures. That change took effect on January 1, 2014. Now that it’s been 7 years and several new laws that impact Associations later, it’s easy to lose track of the details. We’ve seen a trend of Associations changing their procedures and payment plan offer letters in ways that are violating the law.   Read the entire article……………………………….

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