CONTINGENCY FEE AGREEMENT
FOR THE COLLECTION OF DEBTS
This agreement is made on the _____ day of _______________, 20___ between RPS Worldwide,
hereinafter referred to as “RPS” and ____________________________, a licensed, practicing attorney in
the State of ____________________, hereinafter referred to as “Law Firm”.
1. Law Firm will use its best efforts to collect delinquent debts assigned to the Law Firm by
RPS as authorized agent of the original Creditor, as the Law Firm, in its discretion,
determines the best and most appropriate course of action to follow.
2. Law Firm shall promptly acknowledge receipt of all claims assigned to Law Firm by RPS.
3. The minimum service to be provided by the Law Firm shall be a minimum of two letters sent
on the letterhead of the Law Firm, and four efforts to reach a debtor via telephone, fax or
email communication during the first 45 days of the claim being assigned by RPS to the Law
Firm. Following the first 45 days after being assigned to Law Firm, Law Firm shall provide a
45-day report to RPS summarizing Law Firm’s efforts and providing RPS with a reasoned
opinion of the matter, specifically to include the Law Firm’s recommendation as to whether
litigation of the claim is advisable and likely to lead to the recovery of the claim.
In the event that the Creditor authorizes suit, RPS shall deposit into the Attorney’s trust
account court costs and expenses requested by the Law Firm in the 45-day report. Until such
costs are deposited, Law Firm shall not be deemed to have agreed to represent the Creditor in
court action. Upon filing suit, Law Firm shall attempt to maximize the recovery for Creditor
by seeking all allowable fees, costs and interest, including attorney’s fees as allowed by law
5. RPS agrees to pay Law Firm, and Law Firm agrees to handle cases assigned to it by RPS in
accordance with the following fee schedule:
On cases collected without the necessity of filing suit: Seventeen percent (17%) of
any funds recovered by Law Firm.
On cases w