Rates contingent upon collection and are per claim assigned.

For accounts collected without a lawsuit filed

A. 20% on the first $25,000
     10% on the excess

B. 50% on claims under $300, over one year old, out of business or insolvent when placed, skip traced, secondary placements and consumer/retail debt.

C. 33 1/3 % on International

D. Special fee arrangements may be negotiated for large or unusual accounts.

 

For accounts involving litigation

A. 33 1/3% plus court costs and/or nominal suit fee

B. International accounts are subject to the attorney charges and costs that prevail in the country where the suit is being filed.

No lawsuit will be filed nor settlement of principal made without the client's approval.

 

Other terms and conditions

A. Return of Merchandise- When the client elects to accept a return of merchandise, one-half of the applicable rate will be charged on the value of the returned merchandise.

B. Discovery Charge-When it has been discovered that an account was resolved prior to placement with Creditors Adjustment Bureau, one-half of the applicable rate will be charged

C. Account Withdrawal-Once demand for payment has been made, any account withdrawn from collection at the direction of the creditor may be subject to the applicable rate of the assigned amount..

D. Creditors Adjustment Bureau may retain as compensation all lawful sums collected over and above the assigned principal.