{"data":{"id":"us-co/c.r.s.-5-20-213","jurisdiction":"us-co","citation":"C.R.S. § 5-20-213","heading":"Actions - counterclaims.","body":"(1) (a) For litigation proceedings commenced on or after June 29, 2021, a court shall not enter a judgment on a private education credit obligation if the collection agency does not comply with the requirements of section 5-20-212.\n\n(b) For litigation proceedings commenced before June 29, 2021, the court shall not enter a judgment until the collection agency is provided an opportunity to submit proof of compliance with section 5-20-212.\n\n(2) If a creditor or collection agency fails to comply with the requirements of this part 2, a private education credit borrower may bring an action, including a counterclaim, against the creditor or collection agency to recover or obtain:\n\n(a) An order setting aside or vacating any default judgment entered against the private education credit borrower;\n\n(b) A judgment in favor of the private education credit borrower;\n\n(c) Actual damages or five hundred dollars, whichever is greater;\n\n(d) Restitution of all money taken from or paid by the private education credit borrower after a judgment was obtained by a creditor;\n\n(e) Punitive damages;\n\n(f) Injunctive relief;\n\n(g) Correction of the private education credit borrower's credit report;\n\n(h) Attorney fees and court costs; and\n\n(i) Any other relief that the court deems proper.","path":["Title 5 - CONSUMER CREDIT CODE","Article 20 - Colorado Student Loan Equity","Part 2 - PRIVATE STUDENT EDUCATION LENDERS"],"source_url":"https://olls.info/crs/crs2026-title-05.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"36aba8639ff689763cbf384224999dc782380d864482fff8e1ef243d492e545a","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-5-20-212","next":"us-co/c.r.s.-5-20-214"},"notice":"GroundRules: Original legal text. Not legal advice."}