In the State of Georgia, a new law was introduced in 2009 regulating Private Child Support Collectors. Georgia Code 10-1-393.9 details the private child support collector registration requirements. These private companies or individuals are not associated with the State government, instead they contract directly with custodial parents to collect child support payments for a fee.
The law requires both registration with the Secretary of State Office of Consumer Protection, and a security requirement such as a bond or cash deposit.
A $50,000 surety bond is required. The original bond must be signed and submitted with the registration.
In lieu of a bond, the state will accept a cash deposit of equal value of the bond amount.
The bond is conditioned on compliance and the trustworthy performance of the collector’s responsibilities. The bond must be from a state-authorized surety company such as SuretyGroup.com, which is able to do business in the state.
Registration requirements include: name of child support collector, office address and telephone number and the registered agent for the state where service of process can be made.
The premium that you pay for a Georgia Private Child Support Collector Bond is dependent on credit.
We have been underwriting surety bonds for over 35 years, and we offer bonds for individuals and businesses of every size.
Our team of experienced surety specialists and in-house underwriting authority gives us a unique advantage over other surety companies. We are able to offer competitive, low rates, quick approvals and immediate bond delivery. In most cases we can approve your application today and deliver your bond tomorrow.
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