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Collection Agency Laws & Licensing Requirements

Collection Agencies: See Title (30)State Taxes PART III Occupational and Business Licenses and Taxes § 2301. (see Sec. 13) also Occupations requiring licenses; definitions; fees; exemptions.

Statute: (a) "Persons" as defined in § 2701 of this title engaged in the occupations listed and defined in this section shall pay annual license taxes at the rates specified below. In addition to the license fee indicated below, each such person shall pay a fee of $25 for each additional branch or business location, except that a finance or small loan agency as defined in paragraph (8) of this subsection shall pay the basic annual fee for each place of business.

See also Sec.13: Mercantile agency or collection agency, $75. "Mercantile agency" or "collection agency" includes every person operating a business of investigation of financial ratings and credit and/or the collection of commercial accounts for other persons, except attorneys-at-law having a license to practice such profession in this State.

Attorney General Office Helps Consumers With Debt Collection Violations In Many Cases

Delaware Attorney Bar Locate an Attorney who practices in Delaware, State laws, and Links

Federal Laws:
Delaware follows the Federal Fair Debt Collection Practices Act
The Federal Debt Collection Law is enforced by
The Federal Trade Commission

Summary: License Required To Solicit and Collect Accounts, No State Regulations.

Credit and Collection Links For Delaware

LawDog State Credit and Collection Laws Laws about, Autos, Checks, Credit, Courts, Judgments, Secured Debts, UCC, Credit Terms and Use, Bankruptcy Courts, Collections and State Agencies/Organizations.

Open Directory Project Links

THIS IS FOR MY PERSONAL INFORMATIONAL PURPOSES ONLY. The information here may not be complete and it is not to be construed as legal advise or opinion. This Is Not A Complete List Of All The Laws Relating To These Subjects. The information provided is not to be considered legal advice, Always discuss matters relating to such and seek advise from your legal advisor or a legal professional. We do not Guarantee or Warranty any information contained in and/or linked to any of our web sites, and we assume no responsibility for the use of such. Please let us know of any incorrect information right away so we can investigate and correct any errors.


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