Surety newbie

[Tea]

I am new to this forum. I am not even sure if I am posting in the right location. I am attemping to start a Credit Repair Company in the State of Texas. The Attorney General informed me that I would need to obtain a surety bond of at least 10K before I started practicing.

Please advise on this situation...thanks so much in advance for your help.

[Admin]

Tea, this would be most appropriate in the Miscellaneous Bond Forum. Placing questions in the appropriate category helps to get the more appropriate responses to questions. Don't worry though, but now you know for next time .

The bond you are requiring sounds like a typical license bond. It guarantees your performance per the statutes listed on the bond form. This type of bond will be based on the owner(s) personal credit, owner(s) personal financials, and the business financials (if it is an exisiting business).

You can apply at: License Bond Application