DENVER- The Colorado Department of Law announced today Colorado’s participation in the Operation Collection Protection “OCP.” OCP is a collaborative effort led by the FTC involving 73 participating agencies which includes 47 state attorneys general plus the District of Columbia. This coalition of federal, state and local enforcement and regulatory organizations is jointly announcing actions taken against illegal debt collection operations since the first of the year. These actions include civil filings in court, administrative actions, and cease and desist orders.
In 2014, Colorado consumers filed almost 1400 complaints related to debt collection. There has been an increase in complaints concerning debt collection scams, particularly those that are unlicensed and not legitimate debt collectors. The Colorado Department of Law warns consumers to be cautious and be sure they are dealing with a legitimate debt collector before giving any personal or financial information.
Click here to learn more about Colorado debt collection laws, to file a complaint or to verify whether a debt collector is licensed to collect in Colorado.