If you are engaged as a Debt Management Services Provider the State of Illinois, you are required by the Illinois Director of Financial Institutions to execute an Illinois Debt Management Services Provider Bond in the amount of $25,000 to ensure compliance with 205 ILCS 665.6.
Bonds Express offers an Illinois Debt Management Services Provider Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Illinois Debt Management Services Provider Bond holds you accountable for your business decisions.
By possessing an Illinois Debt Management Services Provider Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.