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Since you have the experience and thorough knowledge of consumer and third party collections, and seem to love the business, you are indeed on the right track to think of establishing your own collection agency. Of course, you can start on a smaller scale by operating a collection office within the limits of the City or County where you are located. Then, as the business improve you can expand Statewide and maybe later, on a nationwide scale.

We found web sites where you may check all the Credit and Collection Laws in Texas. And best of all, we suggest that you consult a lawyer before you start on your own. There may be some legal items that you may have to discuss with a qualified professional to help and protect you and your future operation.

We also suggest that you check out the business division at your City Hall and inquire about the legal requirements of operating a collection agency like bonds, etc.

Here are web sites that may help you: http://www.lawdog.com/states/tx/st1.htm 

http://www.carreonandassociates.com/collectionlaws.htm 

Good luck!

About the PowerHomeBiz.com Guide: 

Nach Maravilla is the Publisher of Power Homebiz Guides. He has over thirty years experience in sales and marketing of various products, which covered as he jokingly describes, "from toothpicks to airplanes"  He also had extensive experience in International trading and he always excelled in special promotional ideas for  retail outlets.