Collection Agency Surety Bond is required for anyone who is operating a collection agency or is in the business of collecting or receiving payment for others of any account, bill, or other indebtedness must annually file a Collection Agency Bond. The application will attest that a bond has been filed with the State you are applying for.
Collection agency bond offers a guarantee for state required licensed. The guarantee can change according to the particular state’s rules and regulations that govern the operation of the collection agency.
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