(1)  Once an account is placed for collection, MAD Collection Agency, LLC works on a contingency fee basis, whereby we only get paid our fees if money is collected from the debtor, whether the money is received by us or paid directly to you during the time the account is under contract with us.  If no monies are collected, you pay us NOTHING!

(2) If the debtor pays MAD, we keep our commission and send you the balance.  Payments are sent out monthly.

(3) If the debtor pays you, you must advise us IMMEDIATELY so we can invoice you for the commission.  Reporting direct payments is required under the terms of our Collection Agreement.  Payments made directly to you will be invoiced subject to the standard rates.  MAD Collection Agency, LLC invoice payment terms are "Payable Upon Receipt."

 

Our Market Retail & Professional Service Debts Medical & Dental Bills Bad Checks Breached Contracts Early Termination Fees Heating Oil Accounts Utilities Credit Card Debt Veterinary Bills Business Receivables Online Transactions Insurance Premiums & Subrogation Claims Personal & Commercial Loans And More!

Our Fees 25% on accounts >$75 and <1 year old 50% on accounts <=$75 and/or >1 year old 50% on 2nd or more placements 50% on forwarded accounts 50% of applicable fee for returned merchandise or equipment accepted as payment of a claim 10% over attorney fee on accounts referred for litigation $85/hr on accounts determined to be fraudulent, without merit, illegal and/or frivolous