Application for Collection Agency - Utah

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Application for Collection Agency - Utah

Application for Collection Agency is a legal document that was released by the Utah Department of Commerce - a government authority operating within Utah.

FAQ

Q: What is a collection agency?A: A collection agency is a company that helps businesses and individuals collect unpaid debts.

Q: Why would someone hire a collection agency?A: A person or business may hire a collection agency to recover money owed to them that has not been paid.

Q: Does Utah require a license for collection agencies?A: Yes, collection agencies in Utah are required to be licensed.

Q: How do I apply for a collection agency license in Utah?A: To apply for a collection agency license in Utah, you need to complete an application and submit it to the Utah Division of Consumer Protection.

Q: What are the requirements to obtain a collection agency license in Utah?A: The requirements to obtain a collection agency license in Utah include providing proof of a surety bond and meeting certain financial responsibility standards.

Q: What fees are associated with a collection agency license in Utah?A: The fees associated with a collection agency license in Utah include an application fee and an annual renewal fee.

Q: What happens if a collection agency operates without a license in Utah?A: Operating a collection agency without a license in Utah is considered a violation of the law and can result in penalties and fines.

Q: Are there any exemptions from the collection agency license requirement in Utah?A: Yes, certain types of entities, such as attorneys and banks, may be exempt from the collection agency license requirement in Utah.

Q: What is the purpose of the Utah Division of Consumer Protection?A: The Utah Division of Consumer Protection is responsible for enforcing consumer protection laws and regulating businesses, including collection agencies, in the state.

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Form Details:

  • Released on April 1, 2021;
  • The latest edition currently provided by the Utah Department of Commerce;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Utah Department of Commerce.

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