Debt Management

Fees

Initial Applications: Non-refundable $250.00 registration fee
Renewal Applications: Non-refundable $250.00 registration fee

Required Documents

For providers who use Power of Attorney for Utah clients:
- A copy of the Power of Attorney document
Audited Financial Statements
- For Initial Applications: for the period of its existence
- For Renewal Applications: for each of the two years immediately preceding the application
A copy of the applicant's accreditation by an independent accrediting organization approved by the Division
- Please review the Division’s list of Approved Credit Counselor and Debt Specialist Certification and Programs
A list of employee names, including hire date, accreditation date, and accreditation bureau.
- Please review the Division’s list of Approved Accreditation Programs and Organizations
  - Do not upload individual accreditation certificates.
A copy of the provider’s Fee Schedule and charges the applicant will use with Utah clients
For providers with Trust Accounts only:
- Everyone with access to the Trust Account:
  - For Initial Applications; or
  - Adding new Trust Account Holders at Renewals:
    - Must submit a copy of one or more Trust Account Holder's background check results from the Federal Bureau of Investigation (FBI)
  - For Renewals only:
    - If the provider previously submitted FBI background check results for one or more of its Trust Account Holders, each individual must submit a Criminal Records Affidavit Form
      - Do not submit any fingerprint cards to the Division.
Surety in the amount of $100,000 on one of the Divisions Approved Forms
- Debt Management Surety Bond Form
- Irrevocable Letter of Credit Form
A copy of the provider’s Crime Insurance Policy that must provide coverage for the following:
- Against the risks of dishonesty, fraud, theft, and other misconduct on the part of the applicant or a director, employee, or agent of the applicant;
- Issued by an insurance company authorized to do business in the State of Utah and rated at least A by a nationally recognized rating organization;
- With a deductible not exceeding $5,000;
- Payable to the applicant, the clients who have agreements with the applicant, and the State of Utah, as their interests may appear; and
- Not subject to cancellation by the applicant or insurer until 60 days after written notice has been given to the Division
For non-profit providers only:
- A copy of the provider’s IRS Determination Letter
A copy of the provider’s Articles of Incorporation or Organization
Any copies of the provider’s Educational Materials it uses with its clients
A copy of the provider’s Client Agreement that contains:
- All of the information required under the ‘Client Contract’ section of the online application