Collection Rates
- Free Demand
If notified during demand period, no fees charged on payments made - partially or in full - when received within the Final Demand Period.
- Commercial Claims
Under $300: 50%
Over $300 - $2000: 28%
Over $2000 (collected): 20%
- Special Accounts
- All accounts over one year from last invoice date: 50%
- When returned merchandise or equipment is accepted in settlement, 1/2 of prevailing commission applies.
- NSF, Returned Checks: 50%
- Commissions (Fees)
Commissions will be charged according to the type of account (commercial or special).
Members are invoiced for commissions due on direct payments.
- Bonded Attorney Services
Suit fees and costs must be advanced by the members. Suit fees are non-contingent.
Accounts forwarded to attorneys are subject to prevailing local bar rates if different than our present rates.
Accounts placed for collection are not subject to withdrawal without payment of commission.