survive over the summer months unless the business received additional capital or relief from its debt.
19. In the Spring of 2002, Mr. Tinkler was trying to address Grand Lake's business problems:
a. By attempting to refinance a mortgage on real property to generate cash;
b. By attempting to obtain funds from investors;
c. By approaching BCI and requesting that Grand Lake's current debt be placed on an unsecured note to be paid over time so that new inventory could be purchased under the Agreement.
20. On or about May 21, 2002, BCI learned for the first time that the rental units had already been sold.
21. BCI repossessed Grand Lake's remaining inventory on June 12, 2002.

Discussion
This action is brought to except Mr. Tinkler's debt to BCI from his bankruptcy discharge. BCI proceeds underof the Uniform Commercial Code is also relevant to BCI's rights. The evidence shows that Grand Lake was in default of its payments to BCI prior to March of 2002, when it began its normal Spring sales of the rental machines. COLO. REV. STAT. § 4-9-609 gives a secured party the right of immediate possession of collateral upon default. Therefore, at the time that Grand Lake began selling the rental machines, in the Spring of 2002, BCI did have the legal right of immediate possession of its collateral. The act of selling those machines and permanently transferring their ownership does constitute an act of dominion over the rental machines in contravention of BCI's right of possession. Thus, Grand Lake did commit the tort of conversion under Colorado law