Collection Agreement & Rates
You can rest assured that we will provide the best service possible in the handling of your accounts. Accounts submitted to Fidelity for collection are subject to the following terms and conditions.
Please note: The rates below are our standard collection rates. However, we are more than happy to work with you on a rate schedule that better reflects your needs. Call one of our representatives today or send us an email with your name, company name and phone number so that we may contact you.
Commission Rates
All Retail and Commercial accounts are collected on a contingency fee basis as follows:
| Retail Accounts |
35% of any money recovered by Fidelity or Creditor
50% if the claim has been reduced to Judgment or if Fidelity initiates legal action or should the claim need to be forwarded to an affiliate of Fidelity, or should the debtor be a skip, or if the account is over 2 years old or the balance is $250 or less.
|
Commercial
Accounts |
25% of any money recovered by Fidelity or Creditor
40% if the claim has been reduced to Judgment or if Fidelity initiates legal action, or should the claim need to be forwarded to an affiliate of Fidelity, or should the debtor be out of business, or if the claim is over 1 year old or the balance is $500 or less.
|
Collection Agreement Terms and Conditions
By submitting an account for collection, you agree to these terms and conditions and authorize Fidelity Creditor Service, Inc. to collect this claim. Client authorizes Fidelity to endorse and deposit into its trust accounts, all cash, checks and any other negotiable instruments received from or on behalf of debtors and made payable to client or to Fidelity. Client further agrees to pay commission on all amounts collected, paid directly to client, settled in full for any amount, withdrawn or merchandise received in lieu of payment, after a demand for payment has been made by Fidelity. All collections paid to Fidelity or to client after the date of referral shall be properly reported, accounted for, offset and paid monthly, less the collection fee. Client warrants that claims referred are legally due and owing and will indemnify and hold harmless from any claim or action, Fidelity and its agents or assigns, based upon the referral of a fraudulent, false or misleading claim. Client agrees that any claims previously referred to any other collection entity or attorney shall be charged a collection fee of 50%.
Contact us today by phone, fax or click here to send us e-mail.
|
|
Corporate Offices
216 S. Louise Street
Glendale, California 91205
or PO Box 3963
Glendale, California 91221
Toll Free 800.440.1981
Telephone 818.502.1981
Fax 818.502.1979
info@fcscollect.com
|
Ventura Branch Office
4587 Telephone Road, Suite 212
Ventura, California 93003
or PO Box 7599
Ventura, California 93006
Toll Free 888.440.1981
Telephone 805.477.7447
Fax 805.650.0790
ventura@fcscollect.com
|
|
|
