Our office processes releases of deeds of trusts and foreclosures. Operations of our office is not funded by county tax dollars or state tax dollars.
Mesa County Public Trustee
Welcome to the Public Trustee Department
Interested in what our department does?
- The origination of our Public Trustee system occurred in 1894.
- Colorado’s Governor Davis H. Waite signed a law establishing the foundation for our current public trustee system.
- The Public Trustee is to act as a “neutral intermediate” party between lenders and borrowers.
- The act came about because of citizens being roughed up by lenders who were using barbaric tactics to collect debts due to the closing of the silver mines in 1893.
- Colorado is the only state in the nation that has a Public Trustee.
- Other states have Private trustees (attorneys) that are hired to represent the lenders and all foreclosures are done through the court.
- We process releases of deeds of trusts (about 8,000 or so per year)
- Process foreclosures (about 250 a year).
- We handle millions of dollars each year.
- The work load fluctuates with the economy.