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Bureau Adopts Revised Debt Collector Rule
December 5, 2025
The Bureau has adopted revisions to the Bureau's Rule 300. This rule repeals licensing requirements in Chapter 300 that were superseded by licensing requirements in Bureau Rule 705, clarifies surety bond requirements for residential real estate property preservation provider and debt buyer licensees, and repeals the requirement that licensees receive pre-approval of form letters used in communicating with Maine debtors. The revised rule is effective December 1, 2025.
A copy of the revised rule is attached below. Additional copies are available from the Maine Secretary of State.