Debt Management Service Provider Bond
Any person or entity applying for registration as a debt management service provider in Oregon, including those performing debt settlement, debt consolidation, credit repair, budget counseling, home loan modifications, or short-sale negotiations. Required when: Application for registration as a debt management service…
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: $25,000. Other available requirements: "The amount is fixed at $25,000 pursuant to OAR 441-910-0010(2)(a), which implements the Director's authority under ORS 697.642(2)(a)(B) to specify an amount by rule.". Exact options still depend on the obligee, state, and underwriting.
