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Get the free DEBT COLLECTOR'S ASSUMED NAME REGISTRATION - dleg state mi

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CSC/LCA-720 (12/13) Michigan Department of Licensing and Regulatory Affairs Corporations, Securities & Commercial Licensing Bureau Licensing Division COLLECTION AGENCY P.O. Box 30018, Lansing, MI
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How to fill out debt collector39s assumed name

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How to fill out a debt collector's assumed name:

01
Start by obtaining the necessary forms: Contact the appropriate regulatory agency or department in your jurisdiction to acquire the required forms for registering a debt collector's assumed name.
02
Provide accurate information: Fill out the form with all the requested details. This may include the debt collector's legal name, contact information, and any relevant licensing or registration numbers.
03
Specify the assumed name: Clearly indicate the assumed name that the debt collector wishes to use. This name will be used for all business activities related to debt collection.
04
Verify availability: Check if the assumed name is available for use by conducting a search in the state or local database. This step ensures that there are no conflicting names being used by other debt collectors or businesses.
05
Pay any necessary fees: Some jurisdictions may require payment of a registration fee when filling out the assumed name form. Make sure to include the correct amount and any additional documentation or paperwork required for payment.
06
Submit the completed form: Once all the necessary information has been provided and the fees have been paid, submit the form to the regulatory agency or department responsible for handling debt collector registrations.

Who needs the debt collector's assumed name?

01
Debt collection agencies: Any debt collection agency that wishes to operate under a name different from its legal name needs a debt collector's assumed name. This allows them to conduct business using a more recognizable or marketable name.
02
Individual debt collectors: Individual debt collectors who operate as sole proprietors may also require an assumed name if they want to separate their debt collection activities from their personal identity.
03
Compliance with regulations: Depending on the jurisdiction, it may be a legal requirement for debt collectors to register their assumed name. This ensures transparency and accountability in the debt collection industry.
In conclusion, filling out a debt collector's assumed name involves obtaining the necessary forms, providing accurate information, specifying the assumed name, verifying its availability, paying any required fees, and submitting the completed form. Both debt collection agencies and individual debt collectors may need an assumed name to conduct business, ensuring compliance with regulations.
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Debt collector's assumed name is the name under which a debt collector conducts business.
Debt collectors are required to file their assumed name with the appropriate state or local agency.
To fill out a debt collector's assumed name, a debt collector must provide their legal business name, the assumed name they wish to use, and any other required information.
The purpose of debt collector's assumed name is to provide transparency and accountability in debt collection practices.
Debt collectors must report their legal business name, assumed name, business address, contact information, and any other required details.
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