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Alabama Debt Collector bond

Alabama Debt Collector

Alabama requires a $5,000 debt collector bond.

Alabama Debt Collector bond, answered

How much is a debt collector bond in Alabama?
Alabama requires a $5,000 debt collector bond.
Who needs a Alabama debt collector bond?
Licensed collection agencies in every state that conditions the agency license on a posted surety bond.
Who regulates debt collector bonds in Alabama?
Alabama Banking Department oversees debt collection requirements in Alabama, including the bond filing.
How do renewals work?
Renews annually alongside the underlying license.
How do I get bonded?
Send state and license details Receive a per-state quote within one business day Bond signed and filed with the regulator

What you will need

  • State of license and license number
  • Two years of business financials
  • Owner credit authorization

How to get bonded

  1. Send state and license details
  2. Receive a per-state quote within one business day
  3. Bond signed and filed with the regulator

Regulator: Alabama Banking Department

Quote your Alabama Debt Collector bond

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