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Re: Closed border state


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Posted by WHY CHAT (12.94.45.165) on June 24, 2003 at 13:38:21:

In Reply to: Closed border state posted by observer on June 24, 2003 at 08:33:18:

Washington is no longer a "closed border" State.

Bond: $6000 general, $4000 specialty
License: Yes
Fee:
$100 - Investigation
$100 - Original
$100 - Renewable
$50 - Branch Office
Exemption for out-of-state collectors: Contact state authorities. Out-of-state agencies may qualify for lesser licensing fees. Out-of-state collectors are no longer required to have resident office and in-state trust accounts if they don't have in-state client. Bond is not required if held in home state.

In a closed border State an out of State collection agency is restricted, or in a few States completely prohibited from ANY collection activities.

The link to State SOLS(e-debt network) on my website contains UP TO DATE licensing information.


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