NJ debt adjuster bonds.
$1,500 flat. Five minutes.
New Jersey conditions a nonprofit debt-adjustment license on a $50,000 bond filed with the Department of Banking & Insurance — the first-office amount under N.J.S.A. 17:16G. Ours is $1,500 flat, which is 3% of the bond amount, with no credit check on this bond.
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Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Agency details and an effective date. That's the application — no financials, no credit check section on this bond.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with Banking & Insurance
Your executed bond and power of attorney arrive by email, ready to file with your Department of Banking & Insurance license application or renewal. Wet-ink original mailed on request.
The whole pricing page.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
New Jersey treats debt adjustment carefully: under N.J.S.A. 17:16G, only nonprofit social service agencies and nonprofit consumer credit counseling agencies may be licensed to do it — for-profit debt adjustment is prohibited in the state. A licensed nonprofit agency must be bonded to the satisfaction of the Commissioner for each location.
The bond is a client-protection guarantee: it stands behind the money a counseling agency collects from debtors to distribute to their creditors. It's a three-party arrangement — your agency (the principal), the surety, and the State of New Jersey (the obligee), with the debtors you serve as the protected parties.
The statute sets the bond by location — commonly a $50,000 first-office bond with a smaller amount for each additional office — and the Commissioner weighs the number of debtors served and the balance in your trust account. The bond must stay active for the life of your license. We track it and notify you 60 and 30 days out.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the New Jersey debt adjuster bond? +
Do I pay the $50,000? +
Who can hold this license in New Jersey? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Finish your license checklist today.
$1,500 flat, five-minute application, bond often issued in the same sitting. Free until issued.