Colorado Department of Revenue: Division of Motor Vehicles
Division of Motor Vehicles
1881 Pierce St.
Lakewood, Colorado 80214
Telephone Number: (303) 205-5600
Are Repossessions Allowed?
Yes, as long as there is no breach of peace.
Shown on title. Held by lienholder.
Recovery Agent Licensing:
None required at this time. However, a $50,000 bond must be filed with the state.
There is a 10-day period where the debtor has a right to redeem.
The debtor can be liable for any deficiency.
Required for all vehicles that are moved or driven on highways. Boats are exempt.
Remain with the debtor / individual.
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