HomeMy WebLinkAboutContract 2077~.~.~ ?
Lindy's Collection Service/Checksafe & Credit Records
• • • ~
24 North Front Street • PO Box 99 • New Ulm, MN 56073-0099
Phone507-233-7300,866-891-5516, Fax 507-359-1740
~~~ Email: lindyschecl<safeC~comcast.net
Website: www.lindyscollectionservice.com
INTERNATIONAL
The Association of Credit
and Collection Professionals
~~1en~6er
CHECKSAFE AGREEMENT
Company Name City of Columbia Heights
Address 590 40th Avenue NE
City Columbia Heights
Email sue.sartwell@ci.columbia-heights.mn.u~hone763-706-3632
Contact: Sue Sartwell
State MN Zip 55421
Fax 763-706-3637
Phone 763-706-3632 Ext.
Entity : Corporation Partnership Sole Proprietor g St/Local Govt. Non-Profit
1. CheckSafe charges a one time set up fee of $50.00.
2. Client may recall any check fora $10.00 processing fee.
3. Client receives 100% face value of check when paid.
4. CheckSafe retains the paid service charge as its fee.
5. Client refers returned checks to CheckSafe by mail or auto bank referral.
6. CheckSafe will send acknowledgements of all checks to client by email/fax.
i. C'r~eckSafe viii rerliit to client rorithiy all recovered mo~-iies icy ci'eck or dirrect deposit.
8. CheckSafe reports checks to all three (3) national credit bureaus (EFX, TU & EXP )
9. CheckSafe charges $10 per requested status report or free via web access.
10. Client will post service charge signs at all point of sale locations in compliance with state laws.
11. Checksafe will rebate to client $4 of the paid service charge on all checks with RCK disclosure
stamp, check writer`s signed authorization and listed by auto bank referral.
12. Checksafe will provide RCK stampers at $15 a piece.
13. Checksafe offers legal action for a contingency fee - 50°/a of the check's face value .
RETAINER AGREEMENT
1. Ciieni agrees to all terms as outlined on the preceding page.
2. Client warrants and certifies that the amounts claimed due on al] accounts/checks referred for
collection are proper, actually due and owing, and. for goods and / or services provided by the
client; that interest due has been incurred and calculated in the manner required by law; and
that there are no known defenses of the maker of the account to the amount claimed due.
3. LCS will deposit all monies recovered into a Trust Account, therein to be remitted. to the
client the following month. Client authorizes LCS to offset any monies collected towards any
unpaid fees due LCS. Remitted fiords are subject to return and reimbursement to LCS if the
fiords, at any time in the future, are deemed to be invalid, or not allowed by law, including
insufficient funds checks or stop payment checks or bankruptcy filings.
4. Client does hereby authorize LCS to endorse on its behalf and as its agent, all checks, drafts,
or money orders received.
5. LCS is authorized to use any legal means to collect claims which have been placed by the
client, and client authorizes LCS to take legal action on all claims when deemed necessary,
including employment of legal counsel. Further, client authorizes LCS to request, in the client's
name, the information specified in Minnesota Statutes Section 609.535 subd. 7, and. such other
information client may be allowed to obtain. as allowed by law.
6. LCS is instructed to add interest to the claims, as allowed by law, and to collect all interest and
all other money client is entitled to. This includes all civil penalties and other statutory costs
and also court costs incurred in any collection litigation.
7. Client may request that accounts be reh~rned at any time. However, client authorizes LCS to
retain accounts until client has paid all fees to which. LCS is entitled and any costs or
expenses LCS has expended on client's behalf.
8. >~ach party agrees to indemnify and hold harmless, the other party, and the other party's
officers, agents, and employees from. any and all claims or causes of action arising out of or
related to the performance of this agreement by the party or the party's officer, agent, employee
or representative.
9. Client authorizes LCS to refer the collection to a third party at the discretion of LCS.
10. Client assigns to LCS full power and authority to do and perform all acts necessary for the
collection, settlement, adjustment, compromise and satisfaction on all accounts.
1 ] . This agreement may be terminated by either party by giving the other party thirty (30) days
written notice.
City of Columbia Heights
Client (Susi s `ame)
By
(Authorized Signatur`
_ Walter Fehst
(Print Name)
(Print Name)
Its City Manager Its °---~~-, '= ~`~~~~~°'~
--
Date ~' j Date ~ ~+ C%