Accounts requiring LEGAL ACTION will have 5% added to commission rate
Administration Fee(s) will be charged per court document filed on LEGAL ACTION accounts
Accounts not more than 1 (one) year old | 35% |
Accounts over 1 (one) year old Accounts requiring Legal Action |
40% |
Accounts with a dollar value of $200.00 and under | 50% |
Unsatisfied Judgments (Accounts taken to Small/Superior Court previously to listing with our office Accounts classified as Rental or Rent arrears Accounts classified as STATUTE BARRED (Age of the file) Accounts previously listed with other agencies |
50% |
Accounts with a dollar value greater than $500.00 | 25% |
Accounts with a dollar between $200.00 and $500.00 | 35% |
Accounts with a dollar value of $200.00 and under | 50% |
Unsatisfied Judgments (Accounts taken to Small/Superior Court previously to listing with our office Accounts classified as Rental or Rent arrears Accounts classified as STATUTE BARRED (Age of the file) Accounts previously listed with other agencies Commercial Rates are applied to OPERATING and SOLVENT accounts ONLY |
50% |
The Client agrees to report payment immediately to CBCS. Subsequently the client will be billed (charged) the applicable commission rate to said account. If payment was received by money order or cheque, the client will fax a copy of the payment to CBCS.
IN ACCORDANCE with the COLLECTION AGENCIES ACT all court costs (LEGAL ACTION) are billed (charged) to the client. The client will pay the invoiced court costs and when (if) recovered the court costs will be sent back to the client commission free.
This represents your acceptance and understanding of the commission Structure
(Please initial ____________)