Collection Agency

Allows a person, firm, corporation or association to directly or indirectly engaged in soliciting, from more than one person delinquent claims of any kind owed or due or asserted to be owed or due the solicited person and all persons directly or indirectly engaged in the asserting, enforcing or prosecuting of those claims.

Other Information

License Application

www.nipr.com

Duration of License

Annually

Authority

GS 58-70-5

Exam: No Exam
License Type: Stand-Alone License

Fees

Application
$48.00
New License
$1,000.00
Renewal
$1,038.00
Reciprocity:
$0.00
Miscellaneous:
$0.00

Other Requirements

$10,000 Minimum Bond Required For Resident Entities; $20,000 Minimum Bond Required For Nonresident Entities; Alien Corporations Must Be Owned By Parent Organized Under Laws Of Us Bond Requirement For Alien Corporations Is Double The Amount Set By Gs 58-70-20. Renewal Application And Fees Should Be Received Before May 30th Each Year.

Licensing Authority

NC Department of Insurance
Agent Services Division
325 N Salisbury Street
Raleigh, NC 27603-5926
919-807-6800

Please check with your local City, County or Municipality for area specific license requirements they may have.