C.R.S. Section 38-38-102.5
Notice prior to residential foreclosure

  • hotline

(1)

As used in this section, “holder” means the holder of an evidence of debt constituting a residential mortgage loan, as defined in section 12-10-702 (21), or that holder’s loan servicer or other person acting on the holder’s behalf. “Holder” shall not include a person whose only activity as a holder is as the seller in not more than three credit sales or loans per year.

(2)

At least thirty days before filing a notice of election and demand and at least thirty days after default, the holder shall mail a notice addressed to the original grantor of the deed of trust at the address in the recorded deed of trust or other lien being foreclosed and, if different, at the last address shown in the holder’s records, containing:

(a)

The telephone number of the Colorado foreclosure hotline;

(b)

The direct telephone number of the holder’s loss mitigation representative or department; and

(c)

A statement that, under section 6-1-1107, C.R.S., it is illegal for any person acting as a foreclosure consultant to charge an up-front fee or deposit to the borrower for services related to the foreclosure.

(3)

Intentionally left blank —Ed.

(a)

This section shall apply only to a default consisting solely of the failure of the original grantor of the deed of trust to make one or more required payments.

(b)

With respect to defaults on the same obligation, after the holder has once given the original grantor of the deed of trust a notice as specified in subsection (2) of this section, this section imposes no limitation on the holder’s right to foreclose with respect to any subsequent default that occurs within twelve months after such notice.

Source: Section 38-38-102.5 — Notice prior to residential foreclosure - hotline, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-38.­pdf (accessed May 26, 2025).

38–38–100.3
Definitions 38–38–101
Holder of evidence of debt may elect to foreclose 38–38–102
Recording notice of election and demand - record of sale 38–38–102.5
Notice prior to residential foreclosure - hotline 38–38–103
Combined notice - publication - providing information 38–38–103.1
Single point of contact - servicer to designate - duties - exemption 38–38–103.2
Dual tracking prohibited - notice to officer - continuation of sale pending inquiry 38–38–104
Right to cure when default is nonpayment - right to cure for certain technical defaults 38–38–105
Court order authorizing sale mandatory - notice of hearing for residential properties - definition 38–38–106
Bid required - form of bid 38–38–107
Fees and costs - definitions 38–38–108
Date of sale 38–38–109
Continuance of sale - effect of bankruptcy - withdrawal of sale 38–38–110
Sales by officer - location - announcement - records - electronic devices - definitions 38–38–111
Treatment of an overbid - agreements to assist in recovery of overbid prohibited - penalty - definition 38–38–112
Use of electronic documents authorized 38–38–113
Rescission of public trustee sale 38–38–114
Unclaimed refunds - disposition under “Revised Uniform Unclaimed Property Act” 38–38–201
Foreclosure of installments without acceleration 38–38–301
Holder of certificate of purchase paying charges - redemption 38–38–302
Redemption by lienor - procedure 38–38–304
Effect of redemption 38–38–305
Lessee, easement holder, and installment land contract vendor considered as lienors - installment land contract vendee considered as an owner 38–38–306
Rights of other lienors to redeem - definition 38–38–401
Certificate of purchase - issuance 38–38–401.5
Certificate - priority of lien 38–38–402
Certificate of redemption - issuance 38–38–403
Certificates assignable 38–38–405
Certificate as prima facie evidence 38–38–501
Title vests upon expiration of redemption periods - confirmation deed 38–38–502
Form of confirmation deed for public trustee’s sale 38–38–503
Form of confirmation deed for sheriff’s sale 38–38–504
Deed evidence of compliance 38–38–505
Effect of foreclosures as to certain classes of persons 38–38–506
Omitted parties - definitions 38–38–601
Receiver appointed upon application 38–38–602
Appointment of receiver to prevent waste 38–38–701
Application - use of term “foreclosure” 38–38–702
Limitation of officer’s liability 38–38–703
No waiver of or agreement to shorten right to cure 38–38–704
Providing information to homeowner and public 38–38–705
Curative provisions

Current through Fall 2025

§ 38-38-102.5. Notice prior to residential foreclosure's source at colorado​.gov