In nearly half of the states, if the agency is not legally
licensed to perform collection services, there can be very serious consequences.
In the states of Washington and West Virginia, if the agency is
unlicensed and the debtor complains to the state regulator, then
the agency has to give the money back to
Arizona, Arkansas, Florida, Indiana, Minnesota, Utah
Nebraska, Nevada, Oregon, North Carolina and Tennessee require that an agency be
licensed in that state to represent clients in
North Carolina, and Idaho have laws, which when broken, are
severe enough to be
classified as a felony!
It's the law! Review the list of
states that require licensing.