If you are engaged as a Debt Management Services Provider in the State of Michigan, you are required by the Michigan Office of Financial and Insurance Regulation to execute a Michigan Debt Management Services Provider Bond to ensure compliance with ACT 148, Public Act of 1975.
Bonds Express offers a Michigan 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 Michigan Debt Management Services Provider Bond holds you accountable for your business decisions.
By possessing a Michigan 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.