Collection – Attorney’s Fees: Attorney’s fees can only be collected in Colorado if there is a written agreement allowing the recovery of attorney fees or if there is a statute that allows their recovery. The following suggested language (or something similar) should be included on contract documents, credit agreements, invoices, delivery tickets, and work orders: […]
Arnold & Arnold, LLP Blog
Mechanic’s Lien Pre-Lien Notices in Colorado, New Mexico and Wyoming Mechanic’s liens are highly effective collection tools for unpaid contractors, subcontractors, designers and suppliers available on privately-owned projects. In Colorado, New Mexico and Wyoming, mechanic’s liens are available only if the conditions of the state’s statues are first met. One of those conditions is a […]
Some additional requirements and what happens if you violate the FDCPA or CFDCPA – Validation of debts. Under 15 U.S.C. §1692g provides as follows: Within five days after the initial communication with a consumer in connection with the collection of any debt, a debt collector shall, unless the following information is contained in the initial […]
