|
|
Please Explain State Licensing/Bonding Requirements
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by 2responsible
(63.186.33.128) on September 13, 2003 at 11:28:28:
I'm confused. So if a state has licensing/bonding requirements for a collection agency, does this mean that the CA cannot collect without fulfilling these requirements? Colorado (my state) has both, with the exception that out-of-state CAs may only use interstate means (phones, fax, mail) and only if licensed/bonded in their state. If their state has none of these requirements, then what? Also, does this preclude nonlicensed/bonded CAs from using local legal assistance/means? And, does this apply to bad debt buyers. Thanks for the information.
Follow Ups:
Post a Followup
|
