is designed to reflect our costs for the collection.
We of course include our collection costs in our demand.
You decide what the fee is by choosing when to assign your account.
We only charge a collection fee
when we recover your money.
- 20% United States accounts assigned before
they are 60 days past due are collected for a 20% contingency
fee (requirements: minimum account balance is $1000; no returned
- 30% California accounts larger than $500
and not yet 12 months past due will be collected for a 30% contingency
- 40% United
States claims less than $500 and/or those that are past due longer
than 12 months will be collected for a 40% contingency fee.
- 45% Claims outside the United States,
judgments, returned checks, or accounts previously assigned for
collection with another agency will be collected for a 45% contingency
Remittance to you for
money collected (less our fees), will be sent to you within one
month of our receipt of good funds.
A fee of 10% of the principal
balance may be charged for accounts that are found to have been
paid by the debtor prior to assignment to our firm, or on accounts
assigned to us in error.