Lockhart, Morris & Montgomery

Lockhart, Morris & Montgomery has an active $10,000 surety bond on file with the Texas Secretary of State (SoS File 20150116), last checked October 5, 2026. Texas does not issue a collection license; that bond is what Texas Finance Code Chapter 392 requires of a third-party debt collector before it collects.

Yes. Lockhart, Morris & Montgomery holds an active Debt Collection Agency license with the New York City Department of Consumer and Worker Protection (license 2108433-DCA), last checked September 29, 2026. New York City requires this license of any business whose principal purpose is collecting personal or household debts from NYC residents, wherever the business itself is based.

The public CFPB Consumer Complaint Database records 2,114 debt-collection complaints referencing Lockhart, Morris & Montgomery, as of September 30, 2026. This counts debt-collection complaints only, all years, not every complaint the Bureau holds about the company; the profile links the same search on the live CFPB database; a complaint is a record, not a verdict, and the CFPB says its database is not a statistical sample of consumers’ experiences.

Yes, by its own account. Its website says: "We can valuate your portfolio of non-performing receivables then make a fair market offer for an immediate one-time purchase. Additionally, we may engage in an agreement to purchase future receivables at a set rate at certain intervals over a predetermined period, thereby allowing for immediate and predictable cash flow." It is listed here because third-party collection is its primary business; the purchasing activity is noted for transparency, and the methodology sets out how this directory treats debt purchasing. Its own published wording was read September 3, 2026.