| Date: Lawyer’s
Name:
Address:
City/State:
RE: (Creditor’s Name)
VS: (Defendant’s Name and Address)
AMOUNT: $
FILE #:
The above named creditor has
authorized us, as its agent, and upon the
recommendation of THE COMMERCIAL BAR,
to offer you the above account for collection. If
the following rates are not acceptable, do not
proceed until your fees have been mutually agreed
upon. This claim is forwarded pursuant to the
following rates: (Indicate fees offered).
Authorization by the creditor
is required before instituting any proceeding,
incurring any expense, making any compromise, or
granting any extension. The creditor authorizes
you to retain your agreed compensation from all
sums collected. The creditor prefers that partial
collections be remitted as received.
For convenience, and to
expedite handling, the creditor prefers that all
correspondence be conducted through our office,
as its agent; but as attorney for the creditor,
you are always free to communicate with the
client directly.
If you accept this account,
kindly acknowledge receipt by return mail. Please
advise promptly of the prospects of settlement
and report through us to the creditor as the
progress made on a regular basis. If you do not
accept this account, please return the papers to
us immediately stating your reasons.
We do not expect and will not
accept any part or division of your compensation.
This account is forwarded in
accordance with the current Operative Guides for
Forwarders and Receivers Adopted by the
Commercial Law League of America. This account is
also forwarded in accordance with the Statement
of Principles issued by the American Bar
Association under the date of May 4, 1937, and
with succeeding opinions and interpretations
relative thereto including the Declaration of
Fair Practices of Commercial Agencies as approved
by the Board of Governors of the Commercial Law
of America on July 16, 1981, to which we
subscribe.
Forwarded by:
Contact Name:
Address:
City /State:
*cc: The Commercial Bar
P.O. Box 2430
Easton, MD 21601
*The copy sent to us would be
used instead of the forwarding Notice forms.
|
