877-654-2327 All New Surety Bonds

877-930-8127 - Renewals Department
Surety1 was Founded in 2003.  Low-Cost Bond Provider.  Over 150,000 Happy Customers and Counting!   Find Your Bond >

Surety Bond NC Debt Collectors Bad Form

The state of North Carolina has decided to change the bond form for the surety bond needed to become a licensed debt collector.  The new form, introduced last month, will be difficult, if not impossible to place at reasonable terms and conditions.  The problem with the form is that the cancellation clause was removed.  No surety company will want to provide a surety bond that it cannot either cancel or wait for a set expiration date.

The Surety Association of America has written the state and voiced concern as has this agency.  Hopefully the state will come to its senses and include a cancellation provision in the bond p form.


Apply to Get Your Surety Bond Now

Get started with the bond application process today.

Most bonds are fully processed within 1-2 business days. In some cases, you'll hear back from Surety1 within hours!

Leave a Reply

Your email address will not be published. Required fields are marked *

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