The radical idea to combat Colorado’s predatory towing problem

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The radical idea to combat Colorado’s predatory towing problem
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Wyatts Towing has built a vertically integrated conglomerate in Colorado. Lawmakers and the state’s towing association want to scrap the entire system.

. They’re associated with three individuals: Troy and Tony Porras, Wyatts’ owners, and Trevor Forbes, Wyatts’ CEO.

But in myriad lots around Colorado, ParkM authorizes the tows. Then Wyatts trucks come and take the cars away. Dunn, Wyatts’ attorney, would not divulge the ownership stakes in the companies, calling that information “proprietary and confidential.” He said in an email that ParkM, Peak Auction Auctions and Cars Direct are “independently managed businesses with broad operations largely unrelated to Wyatts Towing.”

He told Wyatts he wanted his car back for $60 or 15% of his fees, a key portion of the 2022 towing law. A manager, he said, claimed not to know about any installment plan.

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