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REQUIREMENTS COMPLETED IN NMLS. Complete MD Debt Management Services License.Maryland requires debt management services providers to purchase a surety bond as part of the application process to obtain a business license. As a public service, the staff of the Federal Trade Commission (FTC) has prepared the following complete text of the Fair Debt Collection Practices Act. Questions pertaining to the completion of this Application may be directed to the Consumer. Finance Licensing Unit at 1-877-999-6442. Can I complete my debtor education and credit counseling requirements in the same session? 040 "Agreement" defined. Debt management plan; fee; form for consent of creditors; notice of plan to creditors; presumed consent. 146(b)(2) prohibits a sales agent from having an escrow account.