537E1EEE3C0155068725857B006C883E Hearing Summary

The committee reconvened. Senators Gonzales and Winter presented Senate Bill 20-211, which creates a 180-day prohibition on new extraordinary debt collection actions, modifies the thresholds for certain property that are exempt from levy, and amends the formulas for determining the amount of earnings subject to garnishment.

Brett Riley, representing BC Services, Inc, testified in opposition to the bill.

Christopher Landers, representing Intergral Recoveries, testified in opposition to the bill.

Heather Cannon, representing Machol & Johannes, LLC, testified in opposition to the bill.

Jacques Machol, representing Machol & Johannes, LLC, testified in opposition to the bill.

James Wolf, representing Stokes & Wolf, P.C. , testified in opposition to the bill.

Jennifer Mello, representing Receivables Management Association International, testified to amend the bill.

Sandra Gale, representing Stokes & Wolf, P.C., testified in opposition to the bill.

Jessi Reid, representing Intergral Recoveries, testified in opposition to the bill.

Matt Berumen, representing Credit Service Company, testified in opposition to the bill.

Scott Allely, representing Associated Collections Agencies of Colorado, testified in opposition to the bill.

Stacy Stein, representing herself, testified in opposition to the bill.

Yosy Janson, representing self, testified in opposition to the bill.

Scott Chase, representing Encore Capital Group, testified in opposition to the bill.

Tyler Jaeckel, representing The Bell Policy Center, testified in support of the bill.

Jenifer Waller, representing Colorado Bankers Association, testified in opposition to the bill.

Guy Humphries, representing himself, testified in support of the bill.

Kevin Hutchin, representing himself, testified in opposition to the bill.  Copies of written testimony received on the bill can be found in Attachment B.  Senator Gonzales distributed amendment L.002 (Attachment C).