NE collection agency bonds.
From $100. Enter your amount.
Nebraska licenses collection agencies through the Collection Agency Licensing Board, and Neb. Rev. Stat. § 45-608 conditions the license on a corporate surety bond sized by how many licensed solicitors you run — $5,000 under five, $10,000 for five to fifteen, and $15,000 at sixteen or more. The bond is payable to and approved by the Board and filed in the office of the Secretary of State. Pricing is 0.5% of the bond amount, $100 minimum, and the bond issues the moment you pay.
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Apply to filed in one sitting.
No quote round-trip on this bond — enter your amount, pay, and file with the Board. Here is the whole thing:
Apply online
Your agency details, the bond amount your solicitor count requires, and the effective date — that is the entire application. No financial statements.
Issued the moment you pay
Your exact price appears before you pay, so there is nothing to wait on — the executed bond and power of attorney generate on the spot.
File with the Board
Submit the executed bond for the Collection Agency Licensing Board’s approval; it is filed in the office of the Secretary of State. Wet-ink original mailed on request.
What it is and who needs it.
What the collection agency bond covers
Nebraska regulates debt collection under the Collection Agency Act, Neb. Rev. Stat. §§ 45-601 to 45-622. The Collection Agency Licensing Board — chaired by the Secretary of State — administers the Act, and no license issues until the applicant furnishes a good and sufficient corporate surety bond in the statutory amount.
Section 45-608 sizes the bond by licensed solicitor count: $15,000 for agencies with sixteen or more licensed solicitors, $10,000 for five to fifteen, and $5,000 for fewer than five. The bond is payable to and approved by the Board, in a form the Board approves, and is filed in the office of the Secretary of State. No person is required to post more than $100,000.
The condition is specific: you must faithfully perform all agreements with your clients and, within forty-five days after the close of each calendar month, report and pay each client the net proceeds of collections made the preceding month. A client you fail to account to can sue on the bond, though the surety’s aggregate liability never exceeds the penal sum. It is not insurance for you — if the surety pays, you repay the surety.
You need this bond if you are
One application, issued instantly.
Submit the application with the bond amount your solicitor count requires — the executed bond is generated the moment you pay, ready to file.
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Other Nebraska bonds.
Collection agency bond, filed today.
0.5% of the bond amount, $100 minimum, issued the moment you pay. Free until issued.