Colorado Revised Statutes

Colo. Rev. Stat. § 5-5-112 (2026)

Attorney fees

✓ current as of July 2026

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(1) With respect to a consumer credit transaction, the agreement may provide for the payment by the consumer of reasonable attorney fees not in excess of fifteen percent of the unpaid debt after default and referral to an attorney not a salaried employee of the creditor or such additional fee as may be directed by the court. A provision in violation of this section is unenforceable.

(2) This section does not authorize the imposition of attorney fees for preparation of a notice of right to cure if the consumer cures the default pursuant to sections 5-5-110 and 5-5- 111.

Source: L. 2000: Entire article R&RE, p. 1240, § 1, effective July 1.

Editor's note: This section is similar to former §§ 5-2-413, 5-3-404, and 5-3-514, as they existed prior to 2000.

PART 2

CONSUMERS' REMEDIES

Notes of Decisions

Cited in 5 cases, 1980–2000 · leading case: First Nat'l Bank of Lakewood v. Union Tavern Corp., 794 P.2d 261 (Colo. Ct. App. 1990).

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First Nat'l Bank of Lakewood v. Union Tavern Corp., 794 P.2d 261 (Colo. Ct. App. 1990). · cites it 16× “Section 5-5-112, C.R.S. (1989 Cum.Supp.) of the Uniform Consumer Credit Code (U.”

D.E.B. Adjustment Co. v. Cawthorne, 623 P.2d 82 (Colo. Ct. App. 1981). · cites it 17× “” Section 5-5-112, C.R.S. 1973 (1979 Cum. Supp.”

Aetna Fin. Co. v. Summers, 642 P.2d 926 (Colo. 1982). · cites it 3× “Section 5-5-112(1), C.R.S.1973 (1981 Supp.”

Green Tree Fin. Servicing Corp. v. Short, 10 P.3d 721 (Colo. Ct. App. 2000). · cites it 2× “By the terms of § 5-5-112, C.R.S., 1999, a creditor under a consumer eredit transaction, such as that here, "may neither accelerate maturity of the unpaid balance of the obligation nor take possession of .”

Aetna Fin. Co. v. Summers, 618 P.2d 726 (Colo. Ct. App. 1980). · cites it 6× “Section 5-5-112(1), C.R.S. 1973 (1979 Cum.”

— Colo. Rev. Stat. § 5-5-112(1) — 3 cases

Aetna Fin. Co. v. Summers, 642 P.2d 926 (Colo. 1982). “Section 5-5-112(1), C.R.S.1973 (1981 Supp.”

D.E.B. Adjustment Co. v. Cawthorne, 623 P.2d 82 (Colo. Ct. App. 1981). “” Section 5-5-112, C.R.S. 1973 (1979 Cum. Supp.”

Aetna Fin. Co. v. Summers, 618 P.2d 726 (Colo. Ct. App. 1980). “Section 5-5-112(1), C.R.S. 1973 (1979 Cum.”

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