HUD Housing Counselors
4.8/5 Best Free ServiceOur top-rated pick for reliability, customer service, and proven results.
Colorado Springs is Colorado's second-largest city with over 490,000 residents and a major military presence including Fort Carson, Peterson Space Force Base, Schriever Space Force Base, and the Air Force Academy. Colorado's non-judicial foreclosure process through the El Paso County Public Trustee typically takes 110-125 days. VA loans are extremely common among the military-connected population, carrying special loss mitigation protections.
We spent over 130 hours researching foreclosure prevention services for Colorado Springs homeowners. HUD Housing Counselors emerged as our #1 pick for free, government-funded counseling.
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How It Works
Free Consultation
Talk to a certified counselor who will review your debts and financial goals.
Debt Analysis
Your accounts are reviewed to identify the best strategy for reducing what you owe.
Negotiation
Experienced negotiators work directly with your creditors to lower your balances.
Resolution
Debts are settled or restructured, and you move forward on solid financial ground.
The best Foreclosure Prevention company in Colorado Springs for 2026 is HUD Housing Counselors, rated 4.8 with fees of Free (government-funded) and a resolution timeline of 30-90 days. Other top-rated options include GreenPath Financial (rated 4.7) and Homeowner's HOPE Hotline (rated 4.6).
- Top Pick
- HUD Housing Counselors
- Rating
- 4.8
- Avg. Fees
- Free (government-funded)
Last updated
Key Takeaways: Business Debt Settlement in Colorado Springs
CFPB Complaint Tracker
Source: CFPB Consumer Complaint Database. All financial complaints filed from CO in the past 12 months.
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Rank 1: HUD Housing Counselors
4.8
Find a HUD Counselor
Rank 1: HUD Housing Counselors
- Min. Debt
- No minimum
- Avg. Fees
- Free (government-funded)
- Timeline
- 30-90 days
HUD Housing Counselors are our #1 resource for Colorado Springs homeowners in 2026. Brothers Redevelopment and other HUD-certified agencies serve the Pikes Peak region. These counselors are experienced with VA loans and the military population — all completely free.
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Rank 2: GreenPath Financial
4.7
Get Free Counseling
Rank 2: GreenPath Financial
- Min. Debt
- No minimum
- Avg. Fees
- Free or low-cost
- Timeline
- 30-120 days
GreenPath Financial earns #2 for Colorado Springs with dual foreclosure prevention and debt management services, valuable for military families dealing with PCS-related financial pressures.
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Rank 3: Homeowner's HOPE Hotline
4.6
Call 888-995-HOPE
Rank 3: Homeowner's HOPE Hotline
- Min. Debt
- No minimum
- Avg. Fees
- Free
- Timeline
- Immediate + ongoing
The Homeowner's HOPE Hotline rounds out our top 3 with 24/7 access at 888-995-HOPE, critical for military families navigating deployment-related financial challenges.
Recently separated from the Army at Fort Carson. Transition took longer than expected and I'm 4 months behind on my VA loan ($2,200/month). Servicer is Freedom Mortgage. What VA programs can help?
Colorado Springs Business Debt Settlement Compared
- Min. Debt
- No minimum
- Avg. Fees
- Free (government-funded)
- Timeline
- 30-90 days
- Min. Debt
- No minimum
- Avg. Fees
- Free or low-cost
- Timeline
- 30-120 days
- Min. Debt
- No minimum
- Avg. Fees
- Free
- Timeline
- Immediate + ongoing
Over 340 million credit card accounts are open in the U.S., many carrying revolving balances.
Source: Experian Consumer Credit ReviewForeclosure Prevention in Colorado Springs: The Complete 2026 Guide
Colorado Springs' military-heavy population and Colorado's foreclosure framework create unique challenges and protections for homeowners.
Colorado Springs Homeowners Most at Risk
Foreclosure risk concentrates among military families during PCS moves who can't sell fast enough, homeowners in southeast COS who bought at peak prices, and veterans transitioning to civilian employment. Defense contractor layoffs also create mortgage distress.
Colorado's Public Trustee Foreclosure Process
Military Homeowners in Colorado Springs
PCS Moves and Foreclosure Risk
Loan Modification for Colorado Springs Homeowners
Property Values and Foreclosure in El Paso County
Chapter 13 Bankruptcy in Colorado Springs
Free Legal Resources for Colorado Springs Homeowners
SCRA Protections for Active-Duty Members
Foreclosure Prevention Options for Colorado Springs Homeowners
- Loan Modification: Loan modification permanently changes mortgage terms. VA loans common in COS have modification programs with terms up to 480 months.
- VA Loss Mitigation: VA loans require servicers to exhaust all loss mitigation. The VA assigns Loan Technicians who advocate with servicers. Call 877-827-3702.
- Chapter 13 Bankruptcy: Chapter 13 triggers an automatic stay. The U.S. Bankruptcy Court for the District of Colorado handles filings.
- Short Sale or VA Compromise Sale: COS's strong market supports short sales. For military families, a VA compromise sale preserves VA entitlement for future use.
Colorado Springs Foreclosure Legal Framework
Colorado's non-judicial foreclosure is administered through the El Paso County Public Trustee. After default, the lender files a Notice of Election and Demand (NED). Colorado provides a "cure" period ending 15 days before the sale where the homeowner can reinstate. The sale occurs 110-125 days after filing. Colorado does not provide a post-sale right of redemption for residential properties.
Avoiding Foreclosure Scams in Colorado Springs
Foreclosure rescue scams specifically target military families in Colorado Springs. Never pay upfront fees or sign over your deed. The Colorado Attorney General and military JAG offices investigate fraud. Free help is available through HUD agencies and Colorado Legal Services.
Economic Snapshot
Source: Federal Reserve Economic Data (FRED). Indicators refresh daily.
Our editorial team spent over 130 hours evaluating foreclosure prevention services available to Colorado Springs and El Paso County homeowners.
Foreclosure Prevention Success Rate
30%We evaluated each service's track record of helping homeowners avoid foreclosure through loan modifications, repayment plans, forbearance agreements, and other loss mitigation strategies, including success rates with major mortgage servicers.
Fee Transparency
25%We assessed whether services are free or clearly disclose all costs. We gave highest marks to HUD-certified agencies and nonprofits that provide foreclosure prevention counseling at no cost to homeowners.
Client Reviews
25%We analyzed verified client reviews, HUD performance data, BBB ratings, state attorney general complaint records, and overall homeowner satisfaction scores across multiple independent platforms.
Housing Expertise
20%We verified each service's HUD certification status, housing counselor credentials, familiarity with state-specific foreclosure laws, and experience with FHA, VA, USDA, and conventional loan loss mitigation programs.
How We Ranked Colorado Springs Business Debt Settlement Companies
Frequently Asked Questions
More Business Debt Settlement Guides Near Colorado Springs
Colorado Attorney General
April 22, 2026 (DENVER) — Attorney General Phil Weiser today announced a settlement with Lindsay Salas, a former nonprofit executive director, who fraudulently obtained nearly $100,000 by submitting false tuition invoices while soliciting charitable donations on behalf of her organization.
Colorado Attorney General · Apr 22, 2026April 14, 2026 (DENVER) – Attorney General Phil Weiser today announced an agreement in principle that would require the Albertsons grocery chain to pay more than $773.7 million to address its role in the opioid epidemic. Colorado will receive at
Colorado Attorney General · Apr 14, 2026Important Foreclosure Prevention Disclaimers
- Foreclosure prevention results vary by individual case. There is no guarantee that any service can stop a foreclosure or that your mortgage lender will approve a loan modification, forbearance, or repayment plan. Outcomes depend on your specific financial situation, loan type, lender policies, and applicable state law.
- Loan modifications may extend your loan term, change your interest rate, or add past-due amounts to your principal balance. While modifications reduce monthly payments, they may increase the total amount paid over the life of the loan. Review all modification terms carefully before accepting.
- Foreclosure timelines and procedures vary significantly by state. Some states use judicial foreclosure (requiring a court proceeding), while others use non-judicial foreclosure (allowing the lender to foreclose without court involvement). Understanding your state's process is critical for protecting your rights.
- Mortgage forbearance temporarily reduces or suspends payments but does not eliminate the debt. The missed payments must be repaid through a lump sum, repayment plan, or loan modification after the forbearance period ends. Failure to repay can result in foreclosure.
- Beware of foreclosure rescue scams. Under FTC rules and most state laws, companies cannot charge upfront fees for mortgage modification services. Any company that guarantees it can stop your foreclosure, asks you to sign over your deed, or demands large upfront payments is likely a scam.
- HUD-certified housing counseling is available for free. You never need to pay a private company to access loan modification programs, contact your lender's loss mitigation department, or apply for government foreclosure prevention programs.
- Zogby does not provide foreclosure prevention or mortgage services. We are an independent comparison service that connects homeowners with foreclosure prevention resources. We may receive compensation from featured services, which may influence rankings and placement.
The information provided on this page is for general informational and educational purposes only. It is not intended as financial, legal, or real estate advice. You should consult with a HUD-certified housing counselor, qualified attorney, or financial advisor before making decisions about your mortgage or foreclosure situation.
Editorial Independence
We make money from some companies on this page. That doesn't change our rankings -- the editorial team scores every product independently, and the business side has no say in what we recommend.