Hello and welcome to Just Answer. Have you worked for a collection agency in the past? If not I would start there to gain experience about the local state and city laws regarding protecting debtor rights. You should be very familiar with the Fair Debt Collections Practicing Act. I would also advise you to look into an online training program. One example is http://www.e-prg.com/ This will also allow you to learn the ins and outs of the business; you should allow yourself at least one year of on the job experience. Then you will need to contact your department of State to find out if there are any licensing requirements. After that point you can start your in home business by researching filed judgment collections, contacting the companies and establishing contracts with clients to collect debts on their behalf. Once you get your business up and running and establish and income and some clients you may also wish to purchase some debt collection software, one example is Sentinel.
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