Collection Agencies: LAWDOG State Laws Credits & Collection

Collection Agency Licensing Requirements:

Collection agency licensing requirements are governed under the Collection Agency Act of 1973 of the State of West Virginia. (§47-16-1 et seq.) A collection agency must first apply for and obtain a business franchise registration certificate pursuant to §11-12-2 of the West Virginia Code, and file with the State Tax Commissioner a continuing surety bond of $5,000. In addition, debt collection agencies must also comply with the provisions of the West Virginia Consumer Credit and Protection Act (§46A-1-101 et seq.), and secure a proper business license from the West Virginia Tax and Revenue Department.

Information on collection agency licensing requirements may be obtained from: State of West Virginia Office of the Attorney General 812 Quarrier Street L & S Building, 6th Floor Charleston, WV 25301 Fax: (304) 558-0184 Antitrust & Consumer Protection Division (304) 558-8986

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