1 (844) 589-9732 info@ameriprosuretybonds.com

Indiana Collection Agency Bond

.The Indiana collection agency bond is an instant issue, no credit check surety bond which costs you just $100 annually. We can even file the bond through NMLS for you.

Indiana Collection Agency Bond |

AmeriPro Surety Bonds |

844-589-9732

 

 

 

Collection Agencies – Indiana

 

 

 

The Indiana Secretary of State regulates and licenses collection agencies.

The registration of collection agencies ($100 fee) and application for new collection agencies licenses (also a $100 fee) are filed through NMLS, the National Multistate Licensing System.

There is also a surety bond requirement, which when purchased is filed through NMLS.

After purchase of your collection agency bond, providing our agency with your NMLS number allows AmeriPro Surety Bonds to file this bond on your behalf.

 

 

 

Indiana Collection Agency Bond: Premium and the Cost of this Bond

 

 

 

The Indiana collection agency bond is a $5000 surety bond required by state regulation.  Our agency offers you this surety bond as an instant issue bond for just $100.

By ‘Instant issue’ is meant that there is no credit check involved. After completion of a surety bond application and receipt of the premium payment, the bond is issued and mailed to you immediately (or we can file it for you through NMLS).

 

 

 

Duration of Your Collection Agency Bond:

 

 

 

The Indiana collection agency is issued for one year, but with an expiration of December 31st. You will also have the option of prepaying this bond for 2 or 3 years which offers you a savings over renewing your bond annually.  Also, if you are purchasing the bond in the middle of the calendar year, it prevents you from having to renew within the same calendar year.

 

 

 

Its Purpose

 

 

 

The $5,000 Indiana collection agency bond is a financial guarantee which ensures your compliance with all statutes and rules regulating the collection of debts in Indiana.  Specifically, this bond ensures your compliance with Indiana Code 25-11.

A collection agency bond, while required of your company, is for the benefit of those consumers who can credibly demonstrate violation of the law which in turn causes harm.

As principal for this bond, you would be required to indemnify the surety for any claims paid against your bond; however, the aggregate total, excluding attorney fees and other costs, will not exceed the amount of your bond.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary bonds throughout Indiana.

We also provide surety bonds nationwide.

Please contact our agency today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out the form below and an agent will contact you…

 

 

Apply Today!

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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