Debt Adjuster Bond
Any person who enters into an agreement with a debtor to distribute, supervise, coordinate, negotiate, or control the distribution of money among creditors; provides services as an intermediary for obtaining concessions; or provides a program or strategy for the payment of debt. Required when: Applying for a Debt Adju…
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Amounts can vary
Selected requirement: $50,000. Other available requirements: "The minimum bond amount is $50,000. The Commissioner may increase the amount based on the applicant's or licensee's financial condition, business plan, number of locations, and the actual or estimated aggregate amount of payments and fees…. Exact options still depend on the obligee, state, and underwriting.
