US Collection Services Collection Agreement
1. It shall be the intent of the Creditor/Client to retain the services
of US Collection Services for the purpose of providing debt collection
services. In the interest and spirit of maintaining the highest level
of ethical and professional standards the parties agree to conduct themselves
in accordance with the FDCPA, Fair Debt Collection Practices Act, and
FCRA: Fair Credit Reporting Act. In addition all collection activity
shall be conducted in accordance with the Code of Conduct of the ACA,
American Collectors Association as well as the standards set forth in
the Operative Guidelines of the CLLA, Commercial Law League of America.
2. By placing a claim for collection, Creditor / Client grants to US
Collection Services full discretion and authority to proceed with all
collection efforts it deems necessary, including the referral of claim(s)
to attorneys for the filing of suit, obtaining of judgments, and post
judgment enforcement. *Lawsuits will only be initiated with the authorization
of the creditor/client.
3. US Collection Services is granted absolute
discretion and authority to act as it deems appropriate in
the collection of claim(s) and is authorized to accept partial
payments or make settlements. Furthermore US Collection Services
shall have the right to endorse for deposit and collection
any checks payable to the Creditor/Client.
4. Acting in accordance with the FDCPA, all communication with the debtor(s)
will be conducted by and through the offices of US Collection Services.
Therefore Creditor/Client agrees to cease all communication with the
debtor(s) or to have the claim handled by any other institution, collection
agent, or representative. Creditor/Client agrees to inform US Collection
Services immediately as to the nature and content of all contacts which
debtor(s) makes or attempts to make directly with the Creditor/ Client
as well as all other matters of importance or that are germane to the
collection of the claim(s). Claim(s) that are compromised by the Creditor/Client
and or settled directly with the debtor are subject to fees. Any claim(s)
paid directly by the debtor(s) to the Creditor/ Client shall be subject
to fees as well.
5. In the event claim(s) are withdrawn or the services of US Collection
Services are terminated without cause, it is agreed US Collection Services shall
be entitled to fees on such claim(s), and be reimbursed and recover from
Creditor/Client any advanced court cost, attorney fees, and due diligence
expenses incurred on behalf of the Creditor/Client. Once legal Proceedings
have been initiated, whether pre or post judgment the withdrawal or cancellation
of the claim(s) is only permissible after all fees, court cost, and due
diligence expenses have been paid.
6. Claim(s) forwarded to outside counsel for legal action: Knowing that
time is of the essence, and delays in filing suits can compromise the
collection of any claim(s), US Collection Services is authorized to advance
payments for court costs, attorney's fees, skip tracing, due diligence,
and all other costs associated with the obtaining and enforcement of
judgments. All costs for legal actions shall be and remain the responsibility
of the Creditor/ Client. Advances made on behalf of the Creditor/Client
will be itemized and accounted for and will be deducted from the first
payments made by the debtor unless previously paid by the Creditor/Client.
No legal action or litigation will be taken without the express consent
and written authorization of the Creditor/ Client.
7. Fee Schedule: 50% of all funds collected
8. These terms and conditions represent the entire agreement to engage
the services of US Collection Services, Inc.,
45406 Godfrey Rd, Ste 100, Parkland, FL 33067, Phone: 954-757-6770 Fax:
Complete the information below and FAX or mail to US Collection Services
Phone: _________________________________________ Email: ________________________________________
Print Name: _____________________________________________________________________________________________