Colorado § 5-20-213 - Actions - counterclaims.
Full text of Colorado Colorado Revised Statutes § 5-20-213 — Actions - counterclaims., with citation guidance and answers to common questions.
§ 5-20-213. Actions - counterclaims.
(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.
(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.
(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:
(a) An order setting aside or vacating any default judgment entered against the private education credit borrower;
(b) A judgment in favor of the private education credit borrower;
(c) Actual damages or five hundred dollars, whichever is greater;
(d) Restitution of all money taken from or paid by the private education credit borrower after a judgment was obtained by a creditor;
(e) Punitive damages;
(f) Injunctive relief;
(g) Correction of the private education credit borrower's credit report;
(h) Attorney fees and court costs; and
(i) Any other relief that the court deems proper.
Source: L. 2021: Entire part added, (SB 21-057), ch. 378, p. 2529, § 5, effective June 29. L. 2023: (1)(a), IP(2), (2)(a), (2)(b), (2)(d), and (2)(g) amended, (SB 23-248), ch. 360, p. 2166, § 28, effective August 7.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 5-20-213
What does Colorado Revised Statutes § 5-20-213 cover?
Section 5-20-213 ("Actions - counterclaims.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 5-20-213?
A common citation format is "Colorado Revised Statutes § 5-20-213" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 5-20-213 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.