Surety bond for debt adjusters
Any person acting as a debt adjuster in Missouri, which includes renegotiating, settling, or altering the terms of payment of any debts of a debtor for consideration. Required when: Prior to entering the business of debt adjusting in the state of Missouri. Exemptions: Any individual or organization administering a deb…
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 if the applicant declares that the operation will handle no consumer m…. Other available requirements: "$50,000 if the applicant declares that the operation will handle no consumer monies; or $100,000 otherwise.". Exact options still depend on the obligee, state, and underwriting.
