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TexLaw, Attorney
Category: Legal
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Experience:  Lead trial/International commercial attorney licensed 11 yrs
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In the State of Tennessee. Will I need to have a "collectors

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In the State of Tennessee. Will I need to have a "collectors lisence" to enforce judgements as I purchase them from the original holder?


Thank you for your question.

Are you planning on setting up a business which purchases judgments or is this a one-off arrangment?

What kind of judgments are you looking at collecting?

This information will help me answer your question. I look forward to hearing back from you.


Customer: replied 4 years ago.

I am looking to start a Judgment Recovery Business in Tennessee.

Thanks for your response.

Yes, you must obtain a collection service license.

See Tenn. Code Ann. § 62-20-102 (definition of collection services). This is in the Tennessee Collection Services Act.

Please rate my answer positively so I might be paid for my services. Please let me know if you need more information or would like to discuss this issue further.


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