Michigan Collection Agency Bond

Michigan Collection Agency Bond

Apply »


What is an Michigan Collection Agency Bond? 

Michigan Collection Agency/Debt Collector Bond's are required by Michigan's Department of Licensing and Regulatory Affairs to obtain your Michigan Collection Agency/Debt Collector Bond. The Michigan Collection Agency Bond amount is set at $5,000. 


The State requires a Collection Agency bond for:  

a $5,000 surety bond

 

Different parts of a bond:

There are 3 parts to a Collection Agency surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the Collection Agency Surety Bond. The Obligee is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.


Try our 100% Secure Collection Agency Bond Online Application to get the Lowest Collection Agency bond rates in all 50 States.


Program:

You can buy your Michigan Collection Agency Bond (Apply) online immediately


Michigan Collection Agency Bond Information and Requirements:

To purchase this bond, you must have a Michigan Collection Agency/Debt Collector License. They can be licensed by the Department of Licensing and Regulatory Affairs of Michigan State. 

Table of Bonds

Here are a few state specific bonds.

If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!

Quick links
Contact us
+1 (888) 518–8011
[email protected]
13341 W Indian School Rd, Suite 305, Litchfield Park, AZ 85340