State Statutes
State Legislative Tracker
This information is not to be construed as legal advice.
| State | Bill # | Status | DS License Currently Required |
| Alabama | If your company is receiving money from clients for the purpose of paying the clients’ bills or accounts, you may be required to complete certain registration requirements per Code of Alabama, 1975, Section 8-7-5 | ||
| Alaska | If your company is located outside of the state of Alaska and collects claims, or solicits to collect claims, on behalf of creditors (clients) based in Alaska, your may be subject to licensing requirements per Alaska licensing law AS 08.24.090 and AS 08.24.380 | ||
| Arizona | If your company is receiving money from debtors for the purpose of distributing such money to creditors, you may be subject to licensing requirements pursuant to Ariz. Rev. Stat. Ann. §6-701 et seq. | ||
| Arkansas | |||
| California | PRO 01-21 | Pending – 8/18/22 | If your company is receiving money from debtors for the purpose of distributing such money to creditors, you may be subject to certain disclosure requirements per Cal. Civ. Code § 1788.300 et. seq. |
| Colorado | |||
| Connecticut | |||
| Delaware | |||
| District of Columbia | |||
| Florida | If your company is receiving money from debtors for the purpose of distributing such money to creditors, licensing may not be required at this time. | ||
| Georgia | |||
| Guan | |||
| Hawaii | |||
| Idaho | |||
| Illinois | H.B.0104 S.B.2054 | Referred to Committee 3/27/21 Referred to Assignments 2/26/21 | |
| Indiana | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| Iowa | |||
| Kansas | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| Kentucky | |||
| Louisiana | |||
| Maine | |||
| Maryland | H.B.0128 | Sent to Executive | |
| Massachusetts | H.1051 | Referred to House 9/1/22 | If your company claims to improve consumers’ credit, certain registration requirements may be required as set forth by Massachusetts statutory guidelines. |
| Michigan | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| Minnesota | S.F.1391 H.F.2342 S.F.56 | Second Reading 2/24/22 Second Reading 2/7/22 Referred to Rules and Administration 6/21/21 | If your company is holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, certain registration requirements may be required. |
| Mississippi | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| Missouri | |||
| Montana | |||
| Nebraska | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| Nevada | |||
| New Hampshire | |||
| New Jersey | SB 2989 | Referred to Senate Commerce Committee 9/22/22 | For-profit debt adjuster companies would be subject to the same licensing requirements and regulations as non-profit entities that provide debt adjustment services in New Jersey. |
| New Mexico | If your company is not holding itself out as a third party to either alter payments to creditors or hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| New York | A.3525 | Referred To Consumer Affairs And Protection 1/5/22 | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. |
| North Carolina | H76 | Referred to Committee 3/3/21 | If your company is not holding itself out as a third party to either alter payments to creditors or hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. |
| North Dakota | |||
| Ohio | S.B.211 | Referred to Committee 9/8/21 | |
| Oklahoma | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| Oregon | |||
| Pennsylvania | |||
| Puerto Rico | If your company is not holding itself out as a third party to hold funds for distribution to creditors on behalf of debtors, a license may not be required at this time. | ||
| Rhode Island | |||
| South Carolina | |||
| South Dakota | If your company is receiving funds from debtors for the purpose of distributing such funds to creditors, you may be required to maintain a bond in the sum of $50,000 with the attorney general. | ||
| Tennessee | |||
| Texas | |||
| Utah | |||
| Vermont | |||
| Virginia | |||
| U.S. Virgin Islands | |||
| Washington | |||
| West Virginia | |||
| Wisconsin | |||
| Wyoming |