Public Trustee

The powers and duties of the office of the Public Trustee and procedures for the operation of the office are defined in Title 38 of the Colorado Revised Statutes (C.R.S.) Volume 10. The areas covered are: Releases of Deeds of Trust, Foreclosures of Deeds of Trust, Tax Escrow Accounts for Land Purchase contracts.

Notice to a Borrower in Foreclosure

  • If your property goes to foreclosure auction sale and is purchased for more than the total owed to the lender and to all other lien holders, please contact the Public Trustee's office after the sale because you may have funds due to you. 

Borrowers do not need to pay any fee to the Public Trustee or any third party in order to collect excess funds.

  • If the borrower believes that a lender or servicer has violated the requirements for a single point of contact in section 38-38-103.1 or the prohibition on dual tracking in section 38-38-103.2, the borrower may file a complaint with the Colorado Attorney General, the Federal Consumer Financial Protection Bureau (CFPB), or both. The filing of a complaint will not stop the foreclosure process.

Colorado Attorney General
1300 Broadway, 10th Floor
Denver, Colorado 80203
(800) 222-4444
https://coag.gov

Financial Protection Bureau
P.O. Box 4503
Iowa City, Iowa 52244
(855) 411-2372
https://www.consumerfinance.gov/

General Information

Unique among the fifty states in its public trustee/lender relationship, Colorado's foreclosure statutes, as interpreted by the courts, have provided a reasonably quick and inexpensive process for the lienor to exercise its rights and remedies, while affording the owner of the property a fair opportunity to protect his interest in the property. For the Public Trustee to have the powers granted by statute, deeds of trust must grant such trustee an interest in the property encumbered by the Deed of Trust. Any deed of trust that names anyone other than a Public Trustee is deemed to be a mortgage for all purposes and a foreclosure on a mortgage would have to be handled judicially.

The Public Trustee's responsibility is to ensure that each interested party complies with the State statutes.

Effective July 1, 2020

Pursuant to C.R.S. 38-37-102, the term of the Public Trustees in the 10 larger counties, including Weld, will end of June 30, 2020. On July 1, 2020, the Public Trustee Office will become a part of the Weld County Treasurer's Office. The Weld County Treasurer will serve as the Treasurer/Public Trustee. 

 

Contact Information

Phone: (970) 400-3242

Email: eforeclosures@weld.gov

Fax: (970) 304-6435

Address: 1400 N 17th Ave, Greeley, CO 80631

Hours: Monday - Friday - 8:00 a.m. - 3:30 p.m.

**Any questions or transactions regarding overbid funds
must be by appointment only**