Wyoming Collection Agency Bonds
HB 108: License Bond – Collection Agencies
Collection agencies license bond amount will be increased from $10,000 to $25,000. A requirement to increase the bond amount by $5,000 for each licensed office will also be increase through this bill for collection agencies.
The following two tabs change content below.
Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.