An individual or company that wishes to provide debt management or counseling services in the State of Texas must register with the Office of the Consumer Credit Commissioner and provide a debt management service bond. Defined by statute, a “debt management service” means a service in which a provider obtains or seeks to obtain a concession from one or more creditors on behalf of a consumer. The Texas debt management service bond requirement is $10,000 and provides financial security for the discharge of any and all monetary obligations to the Office of Consumer Credit Commissioner or any person to whom an obligation arises by virtue of any and all acts or omissions related to the Texas Finance Code Chapter 394.201, or any regulations, rules, or orders issued or promulgated by the Consumer Credit Commissioner. The nation’s surety leader, Surety One, Inc. will issue this license bond experienced applicants regardless of credit condition. We also offer superlative fidelity bond coverages to protect against losses due to employee dishonesty. For more information about the Texas debt management service bond or any other bonding need, visit SuretyOne.com, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.com. Nuestros representantes también hablan su idioma.
