Get your Questions Answered about the California Debt Collection License Application

Licensing

Note-on-Note Financing Explained: Borrowing Against Your Notes

Note-on-note financing is how note investors recycle capital without selling. The facilities are lightly licensed by name, but regulated at every edge.

Licensing

Buying Mortgage Notes From Banks: How It Works and What to Check

Banks sell notes to manage capital and clean up balance sheets. Buying them is the easy part; the diligence and the licensing plan are what separate professionals.

Licensing

Performing vs Non-Performing Notes: The Compliance Difference

The price discount on non-performing notes is compensation for work, and much of that work is regulated. Here is how the licensing analysis splits between the two.

Newsletter

April 2025

UTAH UT AI DISCLOSURE LAW ENACTED Effective May 7, 2025, Utah's new law requires businesses and licensed professionals using generative AI in consumer interactions to provide clear disclosures. In regulated industries - including financial services, lending, and debt collection - licensed individuals must proactively disclose AI use at the start of any high-risk interaction, such as those involving financial [...]

Newsletter

April 2026

NY BNPL LICENSING FRAMEWORK ADVANCES WITH DETAILED REQUIREMENTS Following earlier movement to regulate Buy Now, Pay Later products, New York regulators are now advancing a proposed rule that outlines how the framework would operate in practice. The rule would require most BNPL providers to obtain a state license and comply with detailed requirements covering disclosures, [...]

Nonprofit

Are Churches Nonprofit Organizations? How 501(c)(3) Applies

Churches hold a unique position in nonprofit law: automatically tax exempt, excused from the Form 990, and exempt from most fundraising registration.