New Jersey debt adjuster bonds.
$325 flat.
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 $325 flat, the price you see is the price you pay, and no credit check.
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How much does a New Jersey debt adjuster bond cost?
$325 at the $50,000 amount, the same for every applicant.
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 is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
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.
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
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
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.
What sets the price
The premium is fixed at $325 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other New Jersey bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your license checklist today.
$325 flat, no credit check, bond often issued in the same sitting. Free until issued.