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Why is a Missouri Debt Adjusters Bond Required?
The Debt Adjuster's Bond is written to the Commissioner of Finance of the State of Missouri in the sum of one hundred thousand dollars ($100,000) for the use of the Commissioner for the benefit of any debtor under a debt management plan who has valid reason to file an action against the surety bond for monetary damages sustained as a result of the principals violations of the Missouri Debt Adjuster Law, as amended (Sections 425.010 - 425.040 RSMo.).
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