Licensing is complex; it's not a quick and easy process. Unique state requirements and rapidly changing licensing regulations require constant attention. Mistakes are costly, and risks are high. What may seem like a small error can lead to significant financial and operational costs- quickly. Complicating matters further, common misconceptions about licensing and licensing requirements can easily cause organizations to underestimate their risk.
There are multiple ways for collection organizations to handle their licensing, but which way is best? Is it better to handle licensing in-house, hire a law firm, or engage a third-party specialist? Which way minimizes risk but is cost-efficient? And how can an organization figure out what meets their specific needs?
These issues and more are addressed in this new white paper from Cornerstone, authored by insideARM's General Counsel, Missy Meggison. Download now to learn more about: