Collection Agency Clause Samples

Collection Agency. It is the policy of ▇▇▇▇▇▇▇▇’▇ Counseling Services, Inc., SC and Bayshore Billing Service to follow this procedure:

Collection Agency. I understand and accept that if I fail to pay my student account ▇▇▇▇ or any monies due and owing MSU Denver by the scheduled due date, and fail to make acceptable payment arrangements to bring my account current, MSU Denver may refer my delinquent account to a collection agency. I further understand that I am responsible for paying the collection agency fees which may be based on a percentage at a maximum of 40% of my delinquent account, together with all costs and expenses, including reasonable attorney’s fees, necessary for the collection of my delinquent account.

Collection Agency. We may list the payment default with collection and credit reporting agencies.

Collection Agency. If DU’s internal collection efforts have failed to induce me to pay the amount due on my Student Account, my Student Account will be sent to a collection agency and may be reported to one or more credit bureau reporting service(s). I explicitly authorize DU to release my personal and financial information under those circumstances. If DU is required to retain a collection agency, then, to the extent permitted by applicable law, I agree to reimburse DU all reasonable collection costs, including but not limited to attorney fees and expenses incurred by DU. I also acknowledge that collection agency fees may be based on a percentage (up to the maximum of 40% of the collected balance) and that all such fees will be added to my Student Account.

Collection Agency. If Mines’ internal collection efforts have failed to induce me to pay the amount due on my Student Account, my Student Account will be sent to a collection agency and may be reported to one or more credit bureau reporting service(s). I explicitly authorize Mines to release my personal and financial information under those circumstances. If Mines refers my account to a collection agency, then, to the extent permitted by applicable law, I understand I am responsible for paying all the collection fees, including but not limited to attorney fees and expenses incurred by Mines. I also acknowledge that collection agency fees may be based on a percentage (up to the maximum of 40% of the collected balance). If my account is sent to Collections, then I pay the account in full at Collections and wish to return to Mines for a future semester, I understand that payment is due in full not later than the first day of classes for the term in which I am seeking to register. If I register after the first day of classes, I understand that payment is due in full on the date of enrollment. If payment is not received in full by the applicable deadlines set forth above, I will be withdrawn from all courses prior to Census Day and will be unable to attend Colorado School of Mines for that term, with no option to appeal for re-enrollment for that term.

Collection Agency. If a collection agency identifies a patient meeting the charity care eligibility criteria, the patient account may be considered charity care, even if the account was originally classified as a bad debt. Collection agency patient accounts meeting charity care criteria should be returned to the Subsidiary’s billing office and reviewed for charity care eligibility.

Collection Agency. I understand and agree that if I fail to pay my student account bill or any monies due and owing to Regent by the scheduled due date, and fail to make acceptable payment arrangements to bring my account current, Regent may refer my delinquent account to a collection agency. I further understand that I am responsible for paying the collection agency fee which may be based on a percentage of my delinquent account, together with all costs and expenses, including reasonable attorney’s fees, necessary for the collection of my delinquent account. Finally, I understand that my delinquent account may be reported to one or more of the national credit bureaus. I grant my consent to Regent reporting any delinquency, default or other credit experience pertaining to this Financial Obligation Note to one or more credit reporting agencies of its selection, and my consent is intended to comply with the provisions of the Family Educational Rights and Privacy Act.  Law Governing. This Financial Obligation Note shall be construed and enforced in accordance with the laws of the Commonwealth of Virginia.

Collection Agency. I understand and agree that, if I fail to pay my student account bill or any monies due and owing ▇▇▇▇▇▇▇▇ by the scheduled due date and fail to make acceptable payment arrangements to bring my account current, ▇▇▇▇▇▇▇▇ may refer my delinquent account to a collection agency. I further understand if ▇▇▇▇▇▇▇▇ refers my student account balance to a third party for collection, whether an attorney or collection agency, I will be responsible for any costs (including but not limited to collection fees and attorneys’ fees) associated with all attempts to collect the monies due and owing. I understand a collection fee will be assessed and will be due and owing in full at the time of the referral to the third party. The collection fee will be calculated at the maximum amount permitted by applicable law but not to exceed 50% of the amount outstanding, plus any court costs and/or attorney fees resulting from the enforcement of this Agreement. (Collection fees are in addition to the principal amount, fees, and interest charges.) For purposes of this provision, the third party may be a debt collection company or an attorney. If a lawsuit is filed to recover an outstanding balance, I shall also be responsible for any costs associated with the lawsuit such as court costs or other applicable costs. Finally, I understand that my delinquent account may be reported to one or more of the national credit bureaus.

Collection Agency. I understand and agree that: If I fail to pay my student account bill or any other monies due and owing ▇▇▇▇▇▇▇▇ by the scheduled due date and fail to make acceptable payment arrangements to bring my account current, ▇▇▇▇▇▇▇▇ may refer my delinquent account to a third party (collection agency or attorney). If ▇▇▇▇▇▇▇▇ refers my student account balance to a third party for collection, whether an attorney or collection agency, I will be responsible for any costs (including but not limited to collection fees and attorneys’ fees) associated with all attempts to collect the monies due and owing. I understand a collection fee will be assessed and will be due and owing in full at the time of the referral to the third party. The collection fee will be calculated at the maximum amount permitted by applicable law but not to exceed 50% of the amount outstanding, plus any court costs and/or attorney fees resulting from the enforcement of this Agreement. (Collection fees are in addition to the principal amount, fees, and interest charges.) If a lawsuit is filed to recover an outstanding balance, I shall also be responsible for any costs associated with the lawsuit such as court costs or other applicable costs. I understand that my delinquent account may be reported to one or more of the national credit bureaus.