Amends, repeals, and adds to existing law to revise the licensing process for collection agencies and to create the Collection Agency Recovery Fund to allow reimbursement to persons to whom an Idaho court awards damages resulting from violations by a collection agent, debt counselor, credit counselor, or credit repair organization.

COLLECTION AGENCIES -- Amends, repeals, and adds to existing law to revise the licensing process for collection agencies and to create the Collection Agency Recovery Fund to allow reimbursement to persons to whom an Idaho court awards damages resulting from violations by a collection agent, debt counselor, credit counselor, or credit repair organization.