MCC Collection Rates

Contingent upon collection

Basic Rates

18%^*

on claims collected for $2500 and above

25%

on claims collected between $250 and $2500

50%

on claims collected below $250

35%

on claims over two (2) years old and/or out-of-business accounts

35%

on international claims

Rates When Placed With Local Attorney

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, the local attorney 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 the attorney to obtain the best and least costly arrangement for the client.

MCC will work with the attorney to determine if any fees, court costs and interest can be recovered. No legal action will be taken without the client's authorization.

Rates On Return Of Merchandise

If an account is settled through the return of merchandise or a credit, one-half of the normal rates will apply.