Hi and welcome to JA. Ray here to help you today.Here it has just been too long and the statute of limitations prevents a suit for damages.All civil suits in Colorado are time limited, that is they must be brought within a time period.This likely was fraud.The time limit for that is one year.
Here is reference to the various time limits in Colorado.
Injury to Person2 yrs. §13-80-102 (a); 3 yrs. §13-80-101(n) if from use or operation of a motor vehicle
Libel/Slander1 yr. §13-80-103(1)(a)Fraud1 yr. for actions under §13-80-103(g); 3 yrs. §13-80-101(1)(c)
Injury to Personal Property3 yrs. §13-80-101(n) if from use or operation of a motor vehicle
Professional MalpracticeVet: 2 yrs. §13-80- 102(1)(c); Medical: 2 yrs. upon discovery §13-80-102
Trespass2 yrs. §13-80-102
Collection of Rents6 yrs. §13-80-103.5(1)(b
)ContractsWritten: 3 yrs. §13-80-101; Oral: 3 yrs. §13-80- 101; 2 yrs. §13-80-102 if tort action for tortious breach of contract
Collection of Debt on Account6 yrs. if contract §13-80- 103.5 - See more at: http://statelaws.findlaw.com/colorado-law/colorado-civil-statute-of-limitations-laws.html#sthash.f1kk80mw.dpuf
If brought earlier you may have had great facts to seek damages and recovery from the lender and the party that signed the document.Please don't shoot the messenger.I have to give you honest information here even if it is not good news.
I appreciate the chance to help you today.Thanks again.