HomeMy WebLinkAbout5.792 Original Contract
Sep 19 06 03:48p
FROM peR INT'L INC.
PCA INTL INC
FAX NO.
206 246 7260
2062467260
Feb. 21 2000 03:41PM
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PROi'''ESSIONAL COLLECTION AGENCIES lNTERNA TIONAL, INC.
151118TH AVE SW SUITE #300; SEATTLE, WA 9816&
BUS: (206) 241-4567 FAX: (206) 246-7260
AGREEMENT FOR COLLECTION SERVICES
]'rofe~S,(lT1111 Collection Agencies International. Inc. herein relerred to as PCAl and CITY of PORT ANGELES herein
refen'ed to as CLIENT, herehy agree that the accounts placed with PCAlare ~ubject to the tvrmS and conditions afthe following agreement between the'
parties
t) CollectkTll Activities shall be in oomplillflce with the Foderal, State and LocaIlllW::' and Itegulations, be oourteOU$, businesslike and l.X1TI::.i~!en!
with the image llJ1d reputation 01 the CI.IENT.
2) Collections made by peAl of CLIENT' 5 account::. will he deposited immedIately into a scpar.1te trust account maintained In II bank of all CLIENTS.
3) All oollections made by PCAI ofCLIENT'~ accounts will be remilled to CLIENT, less peAl' ~ collection fcc(s). 15 duy~ after the end ofthc monlh .n which
collection is made.
4) CLIENT ~ceS to Immediately provide peAl with information on all direct pllymcnt~ received by CLIENT from accounts placed for collection with peAl
At that tirnc PCAl will adVise CLIENT orthe proper monctMy di:.oursement. MerchsndlSt: sccepted for return and l,Tedil is considered the SaIne ~ payment.
'PeAl will prepare monthly !.tatements containing m;rount names. numbe'r~. dates and amounts 1'crt-.l.\Ding to payment received by peAl or CLIENT.
Collection fcc(s) due PC^I on any statemenl to CLIENT arc due llnd payable upon receipt of the ~tatement by CLIENT.
s) peAl shall have aUlhority to re.:cive payment in c~h, check or O\ont-"Y order llnd shall have the authori ty to endorse checks. drafts, money orders or orher
negotiable Instrument. ros.de payable to CLlENl', whieh may be rccc:i ,'ed in payment.
6) To help o/Tset reAl's cost ofinvc:,tigation and scarch. CLlENT author,,..e.q peAl to add and retain interest to acwUT1t~ placed for collectiollllt the rate
allowable by law, which is 12% per annum.
1) Fec(s) charged b)' PCAl shall be at the 50% of collected fund" lmd a rate of 50% shall he assessed in the case where legal aLtiofl is undertaken
Per RCW 19.16.500, a 50% cost of collection will be added to the pnncipsl.
8) PCAl will not institute civil legal collection on any CLIENT's acwunl if CLIENT requests that no legalllction be taken.
9) CLIENT warrants. that:.o 1ar, as is known to CI.lI~NT, each a~unt assigned for oollcction is :r valid and exi!otlng acoount against the debtor. CLIENT
further warrants that, so fur. as is knowll to CI.lENT, aU disdo:.ure requirements ot the Federal Truth.In.Lending Act have been met.
10) This agreement :.hall be effective as of the date shown and umlinue in eficct until terminated lIS hereinafter provided. Either partY may tenninate: this
agrel:ment by giving the olher party at least tbirt), (30) days prior notice of the datc of termination. Accounb plsced with PCAI befure: the cancellation shall
ranain with peAl until which time, in peAl's opwic:rn, all ool\ecticm activity has ceased.
11) CLIENT agrees to hold peAl, its employc::es. agents and att(lmeys harmlc.> on IlcaJulll oflUlY ~uit, claims damageS or expenses whatsoever arising from
or as a conscqUr=nce (If the acts. omissions. or errors caused b)' CLIENT.
12) The proVIsions of this agreement shall override any and all contrary or conflicting provisions contained in !iIlY plL<;t or present lIgreements.
This agree~ent is entered into by and between PCAI and CLIENT, thi~ 22nd Jll~ of FebrulIfv . 20~. by their duly authorized and empowered
rqm:sentallvcs. -11"-
'Professional Collection Agencies Int'l, Il'1c. by: / ~Ar
tCw.I/J~
Robert Valasco
peAl Sales M:1nager
CLlt:NT: CITY of PORT ANGELES
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