AG bars Denver collection agency from state

Filed under: Daily News | Tags:, ,

State attorney general John Suthers has barred the David Faith Corp. from collecting debts in the state of Colorado.

The restrictive order said the Denver-based company engaged in fraudulent and threatening debt collection practices and attempted to collect debts before getting a state license.

The company’s owner, Chad Lee, lied on the application concerning his criminal history, according to the AG’s office.

“Colorado debt collection laws are intended to shield consumers from collection agencies and scam artists that engage in fraudulent or threatening behavior,” Suthers said. “This case underlines my office’s commitment to keeping companies that abuse consumers out of Colorado. Consumers should familiarize themselves with their rights under Colorado law and report debt collection companies, like the David Faith Corporation, that engage in questionable or illegal behavior to my office.”

The order denies the David Faith Corporation’s application for a debt collection license and bars the company and its owners from starting any other debt collection firm in the state.

Consumers who believe they have been defrauded or harassed by a debt collection agency can file a complaint at www.coloradoattorneygeneral.gov/complaint, over the phone via 303-866-5304 or by e-mail to cab@state.co.us.