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Form #769

Acceptance of Collection Claim

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Acceptance of Collection Claim - free to use

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ACCEPTANCE OF COLLECTION CLAIM

 

 

Date:  _______________________

 

To:  ________________________

 

Receipt is acknowledged of your claim against ________________________________ for ___________ ($________).

 

Your claim is accepted for collection under the following terms and conditions:

___________________________________________________________________________________________________________________________________________.

 

Our experience of contacts with the debtor are shown by check marks preceding the

appropriate statements:

 

[   ]  1.  Personal demand is being made upon the debtor.  A further report will be made to you in _________ days.

 

   [   ]  2.  The debtor is slow in payment, but we believe that we can collect your claim

without suit.

 

[   ]  3.  The debtor must be sued.  If you desire suit to be filed, please send duplicate

invoices, statements of account, and the enclosed affidavit, properly executed,

together with your check for ____________ ($_______) to pay estimated court costs and attorney fees.

 

[   ]  4.  The debtor generally remits payment to the creditor immediately on our demand.  Kindly advise us of direct remittances.

 

   [   ]  5.  The debtor is in bankruptcy.  Please execute the enclosed proof of claim and       

   power of attorney and return them to us at once.

 

[   ]  6.  We have had ____________ claims against the debtor and have now collected on ___________ of them.

 

[   ]  7.  We now have claims against the debtor and are collecting them:  _________

___________________________________________________________________.

 

[   ]  8.  This debtor disputes the claim.  Please furnish additional information concerning the claim and send us all original correspondence, together with any original orders, written acknowledgments, or promises to pay.

 

[   ]  9.  This debtor is:  (a) out of business, (b) has no property that can be levied on, and (c) is not earning sufficient wages for garnishment.  However, we believe payment will be made as soon as possible.  We will try to persuade (him/her/them) to pay and keep you advised unless you advise us to return the claim to you.

 

 

_________________________                       _________________

Signature                                                          Title

Contributed by
Anonymous
 
Name of Firm Anonymous
Total Forms Contributed 51
 

See All Anonymous's Forms
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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Comments

submitted 10/16/2008
by DavidMarshall  

"A number of individuals and firms offer a debt collection service. When approached by a creditor, an investigation is made and a report returned to the creditor setting out the debtor’s current attitude or status using a form like this. The collection agency simply ticks the relevant box, signs and returns it. If the collection agency discovers that the debtor has already entered into bankruptcy, it will then be for the creditor to decide whether to instruct the agency to pursue the claim(s) with the trustee (in which case, full evidence of the claim plus a power of attorney will be required), or to contact the trustee directly. "
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Keywords: legal forms, bankruptcy, collection claim

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