Tennessee Collection Agency Laws

Posted by Why Chat (209.240.222.130) on July 28, 2002 at 19:08:40:

In Reply to: Re: Tennessee Able To Collect posted by Why Chat on July 28, 2002 at 19:01:55:

TENNESSEE

COLLECTION AGENCY BOND & LICENSE
Bond:
$15,000 1-4 employee
$20,000 5-9 employee
$25,000 10 or more
License: Yes
Fee:
$600 - Original
$350 - Renewal
$25 - Each Solicitor
Exemption for out-of-state collectors: Contact state licensing authority. Out-of-state agencies may be exempt if they [1] maintain office in another state; [2] resides in a state that provides reciprocity; and [3] comply with provisions of licensing.

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