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Maine Debt Collector bond

Maine Debt Collector (Collection Agency)

Maine requires a $10,000 debt collector bond.

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Direct answer

Do I need a debt collector bond in Maine?

Maine requires a $10,000 debt collector bond. Licensed commercial collection agencies in every state that conditions the agency license on a posted surety bond. Maine Bureau of Consumer Credit Protection oversees debt collection requirements in Maine, including the bond filing.

Maine Debt Collector bond, answered

How much is a debt collector bond in Maine?
Maine requires a $10,000 debt collector bond.
Who needs a Maine debt collector bond?
Licensed commercial collection agencies in every state that conditions the agency license on a posted surety bond.
Who regulates debt collector bonds in Maine?
Maine Bureau of Consumer Credit Protection oversees debt collection requirements in Maine, 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: Maine Bureau of Consumer Credit Protection

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Debt Collector bond requirements by state