25% Non-legal commission
35% Legal commission*
40% International claims
50% Consumer accounts and accounts over one year old
If the account has previously been placed with another agency, is deceased, out of business, debt is over one year old at time of placement or otherwise insolvent we charge 50%.
*Additional fees and administrative expenses may apply on claims referred for litigation.
Terms and conditions
(1) Upon placement of a claim(s), where a debtor owes funds to client, RHK Recovery Group will use its best efforts to collect the claim(s) on your behalf. (2) Commissions will be charged in accordance with our posted rate schedule. Claims against debtors that are out of business, deceased. 2nd placements or insolvent may be subject to additional fees. (3) Client shall report all direct payments made by debtor to client. Client will be responsible for fees on all payments received after date of placement, whether debtor payment is received by RHK Recovery Group or the client directly. (4) RHK Recovery Group reserves its rights of offset on past due invoices from collection funds after deducting its commissions. (5) Client grants RHK Recovery Group and any attorney or collection agency that RHK Recovery Group may forward clients claim to, authority to endorse and negotiate any check, draft or other negotiable instrument made payable to client for deposit to RHK Recovery Group special collection account for distribution to client after deducting commissions and fees due RHK Recovery Group under this agreement. (6) Client understands that RHK Recovery Group may at their discretion forward a claim to an outside law firm or collection agency to assist in the recovery of said account and grants RHK Recovery Group permission to do so. It is further understood that client must give RHK Recovery Group approval. In the event this claim becomes a claim in a court of law and there is an answer or counter claim imposed, notification will be given and at that point this agreement can be renegotiated to incorporate additional services that will be necessary.(7) Client authorizes RHK Recovery Group and its agents to execute necessary documents and releases on claims placed. (8) Out of pocket expenses refer to, but are not limited to, legal expenses, debtor research, asset investigation and debtor analysis. RHK will seek approval on advanced expenses whenever possible. (9) RHK Recovery Group will be entitled to its earned commission on any claim withdrawn or merchandise returned and accepted by client unless otherwise agreed to in advance. (10) RHK Recovery Group may retain compensation for its costs and expenses and any sums collected over and above the principal amount of the claim. (11) Any controversy or claim arising out of or relating to the above authorization or the breach thereof shall be settled by arbitration administered by the American Arbitration Association in New York City under its Commercial Arbitration Rules, and judgment on the award rendered by the Arbitrator may be entered in any court having jurisdiction thereof.