Service Level Agreement For Debt Collection

(11) The Agency is entitled to a fee set out in Schedule “A” for all recoveries related to accounts returned for ninety (90) days after the accounts are returned or this Agreement is terminated. In the event of an account being recalled due to insufficient collection efforts by the Agency, the Agency shall not be entitled to commissions on amounts subsequently recovered by the client. As large companies typically need a more customized collection solution, we can work closely with you to provide what you need at the right price, all with the comfort of a formal service level agreement. 1. In all aspects that the Client may send from time to time to the Agency for collection, the Agency shall exercise due diligence and make every effort to collect such accounts in accordance with this Agreement. 9. Either party may terminate this Agreement without giving cause by making the other party modest in writing thirty (30) days, and the Agency will deliver to the Client all accounts (as well as all documents and documents relating to this account). 6. The Client undertakes to immediately inform the Agency of all payments and/or agreements received directly with the Client`s debtor, and the Client forwards all calls from the Debtor to the Agency. Whether you`re about to offer a loan or your business is struggling to find a debtor, Hilton-Baird`s debtor prosecution services could be a valuable resource. We can conduct a comprehensive review of your collections process and provide expert recommendations for improvements. In addition, if necessary, we can collect particularly old debts or offer temporary credit control. 7.

All funds collected by the Agency from accounts sent to it by the client shall be transferred to the client, net of commissions, together with a broken down report indicating the accounts from which recovery was made and the amounts of the fees due to the Agency for such recoveries. These transfers are made monthly. This agreement is entered into and entered into on the date set forth below between the signed Client and Apex Debt Collection Services (Agency), with the Agency endeavouring, as an independent third party provider, to recover certain “accounts” representing the funds due to the Client. .