Texas Consumer Debt Management Services License Surety Bond

Debt Management Services Licenses are required for any business or individual who provides,  obtains or seeks to obtain a concession from one or more creditors on behalf of an indebted consumer.  Licensees are required to post and maintain a Consumer Debt Management Services License Surety Bond in an amount equal to the average daily balance of the provider's trust account serving Texas consumers over the six-month period preceding the issuance of the license and surety bond,

or in the case of an initial application, in an amount determined by the commissioner, but not less than $25,000 or more than $100,000, if the provider receives and holds money paid by or on behalf of a consumer for disbursement to the consumer's creditors;

or be in the amount of $50,000, if the provider does not receive and hold money paid by or on behalf of a consumer for disbursement to the consumer's creditors.

Get started now!  Follow the link below to apply for your Texas Consumer Debt Management Services License Surety Bond and let our expert staff get the bond you need at the lowest possible price!  

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Need help with your Texas Consumer Debt Management Services License Surety Bond??

  • Call us and let our staff walk you through the process - 800-737-4880
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