Public Trustee Foreclosures 101 Out of Stock
Supported by Real Estate Law Section of the Colorado Bar Association
Quantity
Most foreclosures in Colorado are handled by each county’s public trustee. The public trustee process is generally less complicated, less expensive, and less time-consuming than traditional judicial foreclosures. Learn the ins and outs of Colorado’s unique public trustee foreclosure process including the expedited Rule 120 proceeding. This informative presentation will also include the impact of bankruptcy on foreclosure, rescissions of sale and omitted parties.
Home studies will be available 2-3 weeks following the live program.
CBA-CLE is committed to providing access, equal opportunity, and reasonable accommodation in its services, programs, and employment. To request an accommodation please contact [email protected] at least 14 business days in advance.
The program is accredited in Colorado. CBA-CLE staff can provide a Uniform Certificate of Attendance, and it is the attendee's responsibility to complete the accreditation outside of Colorado.
8:30 – 9:00 am
Registration & Breakfast
9:00 – 9:10 am
Welcome Remarks
Extended by Holly Ryan, Esq., Douglas County Chief Deputy Public Trustee, Program Chair, and Susie McNulty, Esq., CBA-CLE
9:10 – 10:00 am
Referral to Law Firm – Pre-Foreclosure Considerations
- Demand letter
- FDCPA letter
- Title – Search – including updates
- Preparing PT Documents (NED, ML, SCO, NOTE, DOT, CERTQH)
- BK searches
Presented by Deanne Stodden, Esq., Messner Reeves LLP
10:00 – 10:50 am
First Steps in Public Trustee Sale Process
- Setting up file
- Recording NED
- Initial Mailing
- Second Mailing
- Publication
- Intents to Cure
- Continuations
Presented by Holly Ryan, Esq., Douglas County Chief Deputy Public Trustee
10:50 – 11:05 am
Morning Break
11:05 – 11:55 am
R120 Proceedings and Preparing for Sale
- R120
- C120 – scope
- OAS – deadlines
- IRS notice, if necessary
- BK searches
- BID
Presented by Deanne Stodden, Esq., Messner Reeves LLP
11:55 am – 1:00 pm
Lunch on Your Own
1:00 – 1:50 pm
Public Trustee Sale and Post-Sale Process
- BID
- Sale
- Redemption Periods – Intents to Redeem
- Overbid
- Unclaimed Overbid funds
Presented by Holly Ryan, Esq., Douglas County Chief Deputy Public Trustee
1:50 – 2:05 pm
Afternoon Break
2:05 – 2:55 pm
Special Considerations in Foreclosure Proceedings
- BK stays that continue to sale vs restarts
- TRO’s
- Rescissions
- Set- Aside
- Omitted Parties
Presented by Holly Ryan, Esq., Douglas County Chief Deputy Public Trustee, and Deanne Stodden, Esq., Messner Reeves LLP
2:55 – 3:00 pm
Closing Remarks & Adjourn
Extended by Holly Ryan, Esq., Douglas County Chief Deputy Public Trustee, and Susie McNulty, Esq., CBA-CLE
- CLE Pass Price *FREE! - exclusions may apply
- Standard Price $529.00 USD
- Member Price $399.00 USD
- General Credits 5.00
- Ethics Credits
- EDI Credits