From the Desk of the Regulator: North Carolina

The North Carolina collection agency on-line renewal process opens April 6th and closes midnight June 30th

Make sure that the financial statement/balance sheet meets the statutory licensing requirement of a positive net worth/equity greater than $5,000.

Updates can be made on the electronic renewal application. Otherwise a written request is required. Forms are available in Supplemental Forms (left side menu).

Continuation certificates and/or riders can be provided in lieu of a new surety bond. The bond expiration date should not occur before June 30, 2016. If you don’t receive an email confirmation, your renewal application has not been received. Remember to press SUBMIT when ready…Literally!

Do not wait until the last minute to apply. Non-renewed licenses lapse midnight June 30, 2015.

If you have any questions please contact Cornerstone.

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Thanks,
Your North Carolina State Regulators