Good Afternoon, I am seekiing to open my own Collection Agency in 2011 and would like to know the process to becoming bonded and licensed.

I am seeking to open my own Collection Agency next year 2011 and would like to know how to become bonded,if it is required

To become bonded, you contact several insurance companies that write bonds and get prices.

Also many times there are groups within a type of business, have you checked with professional groups of collection companies that may offer discounts if you are a member of their group.

Thanks for the info, no I am just now beginning my research on what all the requirements are to get my business up and running.