Norton lost the 2010 Republican Party nomination to Weld County District Attorney Ken Buck.
She still owes about 18 creditors nearly $476,000. So far, she has only raised a few thousand dollars.
Most of the creditors are in other states.
According to the Grand Junction Daily Sentinel, Jane Norton for Colorado Inc., filed a debt settlement plan with the Federal Election Commission offering to pay about 4.6 cents on the dollar.
(Copyright 2012 by The Associated Press. All Rights Reserved.)