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Re: WhyChat or anybody


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Posted by Why Chat (12.78.10.27) on May 14, 2004 at 16:03:32:

In Reply to: Re: WhyChat or anybody posted by Jason on May 14, 2004 at 13:47:17:

To the best of my knowledge, there is no prohibition against an out of State CA engaging in collection activities in Fl.

IF they decide to file suit, they must then use a licensed Fl. attorney.

Florida is not a "closed" State as some others are. If you go to my website, and check the link for State SOL's it also has the CA license requirements for each State.

Here is Fl.

COLLECTION AGENCY BOND & LICENSE
Bond: Yes - $50,000 (Commercial)
License: Yes
Fee: Yes
$200 - Registration
$50 - Investigation
$200 - Renewal
Exemption for out-of-state collectors: Registration is required for out-of-state collectors if [1] soliciting accounts; [2] if client (creditor, its affiliate or subsidiary) has an office in Florida

This means that if a CA is out of State and collecting for --lets say a Citibank credit card
and Citibank has (of course) an office in Fl.the out of State CA is barred from collection activities unless it is registered in Fl.

Since just about ALL original creditors have an office in Fl. this would preclude an unregistered CA from collection activities.

However, IF an account has been SOLD to a CA in another State, and THAT CA is collecting on their OWN behalf, then they MAY try to get around the INTENT of the law, just send them a SOL letter, (assuming you are beyond SOL), this will stop them.


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