For all new clients utilizing the services of Master Credit Consultants, we ask that you print out the Power of Attorney Form, which can be accessed by clicking on the "Master Credit Consultants Power of Attorney" button on the left.
Please complete the form, have it notarized and email to email@example.com.
Please keep in mind, you will only be required to do this the first time using
our services. Thereafter, the completion of the form will not be required. We will keep the document on file in our office.
IV. MCC COLLECTION RATES
A. BASIC RATES
*Contingent Upon Collection*
18% on claims collected for $2500 and
25% on claims collected between $250 and $2500
50% on claims collected below $250
35% on claims over 2 years old and/or out-of-business accounts
35% on international claims
B. RATES IF NECESSARY TO RETAIN COUNSEL ON YOUR BEHALF
25% contingent if collection made
prior to suit being filed
30% contingent if collection made after suit is filed
In order to initiate a lawsuit,
counsel may require court costs and a "nominal" non-contingent suit
fee. This fee will usually not be more than 5% of the claim. MCC will
always negotiate with counsel to obtain the best and least expensive arrangement for
MCC will work with counsel to determine if any fees, court costs and interest can be recovered. No legal action will
be taken without the clients authorization.
C. RATES ON
RETURN OF MERCHANDISE
If an account is settled through
the return of merchandise, one-half of the normal rates will apply.
V. ADDITIONAL SERVICES MAY BE PROVIDED UPON REQUEST
|A. Uniform Commercial Code Program
- UCC-1 Financing Statement Filing
- Purchase-Money Security Interest
- Amendments, Continuations or Terminations