PDF
Word
Debt Collection Agency - Licensing & Renewal Supplement - New York City
Debt Collection Agency - Licensing & Renewal Supplement is a legal document that was released by the New York City Department of Consumer and Worker Protection - a government authority operating within New York City.
FAQ
Q: What is a debt collection agency?
A: A debt collection agency is a company that specializes in collecting unpaid debts on behalf of creditors.
Q: Why do debt collection agencies need to be licensed?
A: Debt collection agencies need to be licensed to ensure that they are operating within the legal framework and are following the regulations set by the government.
Q: How do I know if a debt collection agency is licensed in New York City?
A: You can verify the licensing status of a debt collection agency in New York City by checking the records of the Department of Consumer Affairs.
Q: Can a debt collection agency operate without a license in New York City?
A: No, it is illegal for a debt collection agency to operate without a license in New York City.
Q: How often does a debt collection agency need to renew its license in New York City?
A: A debt collection agency needs to renew its license every two years in New York City.
Q: What documents are required for the renewal of a debt collection agency license in New York City?
A: The required documents for the renewal of a debt collection agency license in New York City may include a renewal application, proof of insurance, and any other documents specified by the Department of Consumer Affairs.
Q: What is the deadline for renewing a debt collection agency license in New York City?
A: The deadline for renewing a debt collection agency license in New York City is typically 60 days before the expiration date of the current license.
Q: What happens if a debt collection agency fails to renew its license in New York City?
A: If a debt collection agency fails to renew its license in New York City, it may be subject to penalties, fines, and even suspension or revocation of its license.
Q: Can a debt collection agency operate in New York City with an expired license?
A: No, it is illegal for a debt collection agency to operate in New York City with an expired license.
Form Details:
- Released on November 5, 2018;
- The latest edition currently provided by the New York City Department of Consumer and Worker Protection;
- 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 printable version of the form by clicking the link below or browse more documents and templates provided by the New York City Department of Consumer and Worker Protection.
Download Debt Collection Agency - Licensing & Renewal Supplement - New York City
1
2
3
