Collateral recovery.

Existing law, the Collateral Recovery Act, provides for the licensure and regulation of repossession agencies by the Bureau of Security and Investigative Services under the supervision and control of the Director of Consumer Affairs. Any person who violates these provisions is guilty of a crime punishable by fine and imprisonment. Existing law requires an applicant for a qualification certificate or for an initial registration or reregistration to submit an application to the bureau and include certain personal information in the application that is confidential and is prohibited from being disclosed to the public.