Weinberg, Jacobs & Tolani, LLP
Collection Agencies
Weinberg, Jacobs & Tolani has extensive experience in obtaining and maintaining collection agency licenses in every state and location where licensing is required. Ronald D. Jacobs, Esquire, the managing partner of the firm, has represented major collection agencies for over twenty-five years. We have in-depth knowledge of the requirements of each licensing jurisdiction. We can help you comply with each state's requirements in order to become licensed in the most effective and efficient manner possible.State licensing requirements can be complex. Whether or not a collection agency needs to be licensed in a given state can depend on one or more of the following factors:
Failure to obtain the proper licenses can have substantial consequences, both in terms of regulatory penalties and debtor litigation. Because Weinberg, Jacobs & Tolani has extensive experience with each state's requirements, we can help you avoid this risk by reviewing your current operations and determining your specific licensing needs.
- Where the collection agency is located
- Where the creditor is located
- Where the debtor is located
- Whether the agency is collecting commercial or consumer debt
Proper licensing has advantages for agencies that want to work with major creditors. In order to avoid litigation and adverse publicity, major creditors require their collection agencies to be properly licensed in all states in which they collect debts.
Weinberg, Jacobs & Tolani welcomes inquiries from interested agencies. Please contact Ronald Jacobs to discuss your specific licensing needs and requirements.
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