1.         Client authorizes the Agency to accept payments and endorse payments for deposits received on placed accounts. Net proceeds will be remitted to the client within 30 business days of collection. All funds will be deposited into a trust account.

2.         Client agrees to pay the Agency on all payments made directly to the client on or after the date of account placement. Any payments made direct to the client by check should be electronically transmitted for immediate deposit by the Agency. Cash payments may be deducted from fees received by the Agency. This includes all payments made directly to the Client by bonding or insurance companies.

3.         Client and Agency agree on a fee of 25% on all payments made to the Client or the Agency on or after the date of account placement.. Accounts requiring legal action will be assessed a non-refundable $400.00 fee, and be charged at 50%.

4.         Client agrees that once accounts are placed with the Agency, they will not

            communicate with the debtor,  or send any further billing correspondence

5.         Client agrees to give the Agency blanket settlement authority on all accounts placed.

6.         The Agency will charge a fee of 10% on accounts withdrawn within the first 30 days by the Client after collection procedures have begun, or after significant work has commenced on the placed account beyond that period. Accounts where payment is being made will be retained beyond this period by the Agency.

7.         Returned merchandise will be charged at 1/2 the normal fee based on the agreed value.