Colorado deficiency judgments are:

Deficiency judgments are not always prohibited in Colorado; while some states like California have broad anti-deficiency statutes for purchase-money mortgages, Colorado does not categorically prohibit deficiency judgments and allows them under specific procedural conditions.

Deficiency judgments are not automatic in Colorado; the lender must take affirmative legal steps by filing a separate court action after the foreclosure sale, meaning they do not arise automatically from the foreclosure proceeding itself.

Colorado's deficiency judgment rules are not limited to commercial property; they apply to residential mortgage foreclosures as well, subject to the procedural requirements and any applicable statutory protections for certain loan types.