2020 Colorado Revised Statutes
Title 5 - Consumer Credit Code
Article 17. Colorado Child Support Collection - Consumer Protection Act
Section 5-17-105. Fees.
(1) A private child support collector may not charge an obligee a fee unless:
Before the obligee authorizes the fee, the amount of the fee, including the basis uponwhich the amount of the fee is calculated, is described accurately to the obligee in simple, easyto-understand language; and
Before the obligee incurs the fee, the obligee has authorized the fee in writing.
A collector's contract with an obligee shall be for a specific dollar amount of childsupport 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.
A collector may charge a contingency fee for the collection of child support that isbased on a percentage of the total child support collected.
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.
No other fees, charges, or costs may be assessed against the obligee, including anapplication fee.
Source: L. 2017: Entire article added with relocations, (HB 17-1238), ch. 260, p. 1108, § 2, effective August 9.
Editor's note: This section is similar to former § 12-14.1-105 as it existed prior to 2017.
