Pennsylvania Debt Management license

Requirements for

Pennsylvania Debt Management

Licenses

Pennsylvania Debt Management Changes to Lender License

Pennsylvania Requires Debt Management companies to be Licensed

Pennsylvania Debt Management licensing: Pennsylvania requires companies to be licensed as a Debt Management company. Companies must also still comply with federal, state and local laws. Other licenses or permits may be required depending on the nature of each particular business.

Certificate of Authority

With certain limited exceptions, a Pennsylvania Certificate of Authority is required if a company does business in Pennsylvania  regardless of where the company is located.

A certificate of authority (also known as a certificate of registration) is a document that the State of Pennsylvania requires companies not incorporated in Pennsylvania to obtain before “transacting business” within the state borders of Pennsylvania .

License Fees

The filing fee for getting a for-profit Debt Management Services license  is: $2,000.

The filing fee for getting a non-profit Debt Management Services license  is: $500.

The filing fee for getting a for-profit Debt Settlement license  is: $2,500.

The filing fee for getting a non-profit Debt Settlement license  is: $500.

The filing fee for a foreign limited liability company to register a Pennsylvania Certificate of Authority is $250.

The filing fee for a foreign corporation to register a Pennsylvania Certificate of Authority is $250.

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Do you want to check on other states’ requirements for obtaining a New Debt Management license? Click here.

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