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Collection Agency Surety Bond

Bond Requirements and Online Application

Collection agency surety bonds ensure that an agency fulfills its contract in an ethical manner. This bond ensures the agency will properly handle money it receives while pursuing outstanding debts. It also guarantees those funds are routed to the company with the outstanding debt.

If the collection agency misappropriates these funds, the state can file a claim on the agency’s bond. If the claim is determined to be valid, the face value of the bond is released by the surety company and paid by the collection agency.

Collection Agency Surety Bonds

 

Collection Agency Bonds by State

The following states require a collections agency to get a bond as part of their business licensing process. Each state has specific provisions outlined in the bond that the principal must abide by in order to remain licensed and bonded. If the principal acts against the bond, the state has the legally ability to cancel the bond and revoke the business license.

This particular bond type can be referred to by several terms such as Debt Collector Bond, Collection Bond, Debt Collection Agency Bond, and others. The specific term for the bond depends on the state. No matter what the bond name is, the bond type is the same for a collection agency.

If you are looking to get bonded in multiple states, make sure to let your bond agent know. We can take care of all your bonds at once!

Alaska Collection Agency Surety Bond

Arizona Collection Agency Surety Bond

Arkansas Collection Agency Surety Bond

Colorado Collection Agency Surety Bond

Connecticut Collection Agency Surety Bond

Florida Collection Agency Surety Bond

Hawaii Collection Agency Surety Bond

Idaho Collection Agency Surety Bond

Illinois Collection Agency Surety Bond

Indiana Collection Agency Surety Bond

Maine Collections Agency Surety Bond

Maryland Collection Agency Surety Bond

Massachusetts Collection Agency Surety Bond

Michigan Collection Agency Surety Bond

Minnesota Collection Agency Surety Bond

Montana Collection Agency Surety Bond

Nebraska Collection Agency License Surety Bond

Nevada Collection Agency Surety Bond

New Jersey Collection Agency Surety Bond

New Mexico Collection Agency Surety Bond

New York Collection Agency Surety Bond

North Carolina Collection Agency Surety Bond

North Dakota Collection Agency Surety Bond

Oregon Collection Agency Surety Bond

Tennessee Collection Service Surety Bond

Texas Collection Agency Surety Bond

Utah Collection Agency Surety Bond

Washington Collection Agency Surety Bond

West Virginia Collection Agency Surety Bond

Wisconsin Collection Agency Surety Bond

Wyoming Collection Agency Surety Bond

 

How to Get Your Collection Agency Surety Bond

1. Complete an online application. It's free and no-obligation. 2. One of our surety experts will contact you with a firm quote and an agreement to sign. 3. Provide payment and your signed agreement, and then you will receive your Collection Agency Surety Bond!   If you have any questions, please call us at 877-654-2327.
HOW TO GET BONDED
1. Apply Online Using our Free & Secure Application 2. Get Your Free Quote Applications are No-Obligation 3. Get Your Bond Most Bonds are Approved in 1-2 Business Days

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