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Old 06-06-2004, 04:56 PM
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rushpat rushpat is offline
Mental Jujitsu
 
Join Date: Oct 2004
Location: Georgia
Posts: 722
No license to do business

Some states have different licensing requirements. I was able to find out that my state (Georgia) does not specifically require a license to transact business for debt collectors. However, upon further inspection, a 3rd party debt collector must post a $50,000 bond with the clerk of the superior court in the county in which they want to do their collection.



You'll need to do some research on this.
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