Logo, Commercial Lawyers' Network Inc. - Collection Agency

(800) 447-0433
(877) 560-7438

CLN Debt Collection Services

Commercial Lawyers' Network, Inc.(CLN) helps you process your debt collections for money owed to you. There is no fee for using our collection services without suit, until a payment is made on your claim.

Commercial Collection Rates

CLN 20% Commercial Rates are for claims which are over $1,000 and not more than a year past due. The debtor must be located within the United States, and the claim must not have been previously sued, or else placed with a collection agency or a lawyer for collection. Commercial collection rates are as follows:

Criteria Rates without Suit Suit Fees
Over $1,000
Less than one year since the
last payment or charge

20% for first $25K
18% excess of $25K

*Uncontested suits, additional 10% fee
Over $1,000
More than one year since the
last payment or charge
35% *Uncontested suits, no additional fees
Judgments and prior placements over $1,000 35% *Uncontested suits, no additional fees
$501 to $1,000 regardless of age 35% Will not be considered for legal action due to balance
$500 & under regardless of age 50% Will not be considered for legal action due to balance

Consumer Collection Rates

CLN assists creditors in the collection of past due obligations incurred by consumers for personal and non-business purposes. CLN rates are for claims against debtors located in the United States. Consumer collection rates are as follows:

Criteria Rate

Claims $1,000 and over
Less than one year past due

35%

Claims less than $1,000
More than one year past due
Judgments and all claims previously handled by an attorney or collections agency

50%
Provisos

All suits and judgments will require an advance of anticipated out-of-pocket costs. Claims under $1,000 will not be submitted to an attorney for collection.

 

*Uncontested Suit Provisos

All suits and judgments will require an advance of anticipated out-of-pocket-costs, if we need to place the claim with an attorney for collection and it is necessary to resort to a court to pursue collection. The attorney may addtionally request a modest advance retainer to file the claim with a court in order to obtain a judgment or otherwise use the court processes to pursue collection of the claim. The advance retainer, if required, will be credited against the addtional suit fee charged for commerial claims or against the overall fee charged for consumer claims. 

*Contested Suit Proviso

If a suit is filed and the debtor contests it or files a counter-suit, the attorney will evaluate the nature of the dispute and may in some instances require the payment of a retainer or hourly fee.  You will then have the opportunity to decide whether or not to pursue collection of your claim.

                                                             How the Service Works

The creditor completes the Submit Claim Form and sends it to CLN for collection. Claims which cannot be collected by CLN will be forwarded to a collection attorney practicing near the debtor's business or residence for further collection services. There are no fees charged for collections without the filing of a suit until a collection is made. Claims for which CLN arranges a reasonable payment schedule will not be forwarded to an attorney unless the debtor defaults. Settlements for less than the amount of the claim assigned to CLN requires the creditor's approval.