HomeMy WebLinkAboutCapital Recovery Systems, Inc./Courts (2) Con{ ac:(-4fo07ol o1
Capital Recovery Systems, Inc
750 Cross Pointe Rd , Suite S
Columbus, Ohio 43230
614-575-0590
INDIANA CITY COURT DEBT COLLECTION AGREEMENT
RECITALS
Effective at date of signing, the Cannel City Court (herein after called the Client ) enters mto this
agreement with Capital Recovery Systems Inc (herein after called Capital ) for the benefit of the Client
for the collection of delinquent accounts receivable fines court costs judgments and other debts for the
Client
Each party agrees it is giving and receiving adequate and valuable consideration
Capital represents itself as expert in debt collection services provided to governmental entities is
thoroughly familiar with Federal and State of Indiana laws governing debt collection and is retained to
provide services to the Client relating to the collection of public moneys due and payable to the Client All
services shall be rendered in accordance with the terms and conditions of this agreement and applicable
law
Capital shall be compensated only in accordance with the express written provisions of this agreement out
of moneys collected by Capital for Client Capital shall not be compensated by any other party shall not
look to general fiord moneys of client other than moneys paid over to client and identified for payment of
Capitals compensation earned under this agreement nor shall Capital be compensated in excess of the
amount described in this agreement
Any and all material commissioned or gathered by or in possession of Capital that has been generated to
fulfill an obligation under this agreement, including names and addresses of potential witnesses shall be
considered the property of the Client. Capital agrees to adhere to Indiana Revised Codes and maintain all
public records accordingly All responses to public records requests require approval of the Client
In the event this agreement is terminated by any of the parties to this agreement, Capital shall be paid the
agreed fee for all debts due the Client lawfully collected by Capital pnor to termination as specifically
limited by the terms of this agreement If Capital is removed from any case or matter then Capital agrees to
effectuate a speedy and efficient transfer of work and to cooperate with the Client Capital agrees to protect
the Clients interest in any transfer of work Client may withhold final payment to Capital if Capital fails to
transfer all files documents and materials when so requested by Client
In view of the personal (i e particular) nature of services under this appointment, the Client shall be the
sole judge of the adequacy of those services This agreement is not assignable
The parties further agree as follows
2 TERM
This agreement is for three(3)years from the date of signing and shall stay in effect for the stated length of
the agreement unless one of the following occur the agreement is terminated with a 30 day notice
submitted by the Client or as a result of the completion of all work for the assignment or as a result of
Capitals failure to perform its obligation under this agreement to Client s complete satisfaction Capital
shall render no services after the termination and no further services shall be compensable without an
additional authorized,written agreement with the Client
3 SERVICES
A SCOPE OF APPOINTMENT
Capital shall conduct any and all collection work assigned by the Client Both parties recognize that the
appointment is personal(i e particular)in nature and does not extend to any collection agency or firm that
Capital is associated with or is a partner of
B DELEGATION OF WORK
Capital may not delegate work to another collection agency or any other entity whether or not such agency
or entity is affiliated with Capital No such attempted delegation of duties by Capital will relieve Capital of
any responsibility under this agreement No provision of this agreement shall be construed to allow Capital
to subcontract with hire or retain any collection agency or other legal entity engaged in debt collection
C INDEPENDENT CONTRACTOR RELATIONSHIP
Capital will render services pursuant to this appointment as an mdependent contractor Capital shall not be
regarded as in the employment of or as an employee of the Client Capital shall pay and make all required
filings in connection with city state and federal payroll taxes pensions and/or social security contributions
workers compensation premiums and any and all other required payments on filings in connection with the
engagement of any persons or firms which Capital may use in performing its responsibilities under this
agreement
Pursuant to this agreement,Capital shall conduct its collection activities in a manner consistent with the
direction rules and policy of the Client in their performance under this agreement
D INFORMATION CONFIDENTIALITY
Capital agrees to maintain the confidentiality of and not to otherwise disclose any of Clients information
provided by the Client to Capital in violation of applicable Federal and State of Indiana laws or Clients
ordinances Capital further agrees not to sell or disclose any information or listings of accounts forwarded
to Capital by Client
E WITHHOLDING TAXES
Capital agrees to pay applicable state federal and local withholding taxes on salaries and commissions paid
to its employees
F CLAIM ASSIGNMENT
Capital agrees to abide by all policies and procedures promulgated by the Client relating to the collection of
sums certain due for specified period of tune and payable to the Client Each claim assignment to Capital
is for a minimum of one Cl)year and may remain with Capital longer at the Client s discretion
G LEGAL COMPLIANCE AND INDEMNIFICATION
Capital agrees that all operations by Capital in performing this agreement shall be in complete compliance
with all federal state and local constitutions charters statutes ordinances rules and regulations of
whatever nature Warning It is unlawful for officials and employees of Client to receive gratuities
Discrimination by Capital on grounds of race religion color ancestr nature of origin or sex is unlawful
and shall subject Capital to forfeiture Capital warrants that it shall comply with any and all Cannel City
ordinances as pertaining to employment discrimination
Without limiting the general and comprehensive nature of the preceding paragraph and intending to
emphasize the importance of compliance with certain requirements Capital shall fully comply with all
applicable requirements and limitations imposed under the Fair Debt Collection Practices Act(FDCPA)
The Fair Credit Reporting Act(FCRA)and the United States Bankruptcy Code as they may pertain to
Capital performing this agreement
Capital agrees to indemnify Client from any liability and to save the Client harmless from any damage
which Client may suffer as a result from acts or omissions of Capital or any employee or agent of Capital
including reimbursing Client for and all litigation costs including attorney fees which Client may incur in
defending against such liability and damage
The Client assumes no responsibility for any derogatory credit reporting for any claim assigned to Capital
4 COMPENSATION
Capital will be compensated for services through payment of a fee from finds collected by Capital on a
specific claim in an amount approved by the Client or his/her designee Client shall add a 30%collection
fee as provided by Indiana Code 5 22 6 5 to etch claim assigned for collection to Capital This fee shall
be the only moneys Capital may commission on and Capital can only receive its commission after the
Client has received all other moneys due on an individual claim that has been assigned to Capital by the
Client for collection
Capital will remit moneys collected on behalf of Cannel City Court weekly net Capital s fee Capital
agrees to notify Client daily of any monies collected and to what case or claim they have applied those
collections
5 STATUS REPORT
At the request of the Client Capital shall submit status reports on each claim The status report shall
descnbe the current status on each claim the date the claim was placed the amount of moneys collected to
date and the claim case or account number assigned by the Client
6 OTHER TERMS AND CONDITIONS
A COUNTERPARTS
This agreement may be executed in one or more counterparts each of which shall be an onginal and all of
which constitute one and the same instrument
B SEVERABILITY OF TERMS AND CONDITIONS
Any term or condition judged to be invalid m this agreement shall not invalidate the other terms and
conditions
C EQUAL OPPORTUNITY
I The contractor will not discriminate against any employee or applicant for employment because of race
color religion sex or national origin The contractor will take affirmative action to ensure that all
applicants are employed and employees are treated during employment without regard to race color
religion sex or national origin Such action shall include but not limited to the following employment
upgrading,demotion or termination rates of pay or other forms of compensation and selection for training
Capital agrees to post in a conspicuous place available to all employees and applicants for employment
notices summanzmg the provisions of the Equal Opportunity Clause
2 Capital will in all solicitations or advertisements for employees placed by or on behalf of Capital,state
that Capital is an equal opportunity employer
3 Capital shall permit access to any relevant and pertinent records or reports and documents for the sole
purpose of venfymg compliance with this section and with Client
4 Capital will not obstruct or hinder any EEO officer in the fulfillment of the duties and responsibilities
imposed by Article I Title 39
5 Capital will include a summary of this Equal Opportunity Clause in every subcontract Capital will take
such action with respect to every subcontractor as is necessary as a means of enforcing the provisions of the
Equal Opportunity Clause
D GENDER REFERENCES
For the purposes of contract interpretation in every place where a reference to gender is appears the
masculine shall be interchangeable with the feminine and the feminine with the masculine
E INTEGRATION
This agreement is fully integrated and as such constitutes the entire understanding of the parties Both
parties agree that there is no other understanding or agreement than the terms expressly stated or through
the documents incorporated by reference herein This agreement may only be modified by another writing
signed by both parties
F JURISDICTION AND CHOICE OF LAW
This agreement shall be administered in the Client s locality shall be mterpreted under the laws of Indiana,
and both parties consent to complete jurisdiction in the Client s County This agreement and any claims
arising m any way out of this contract shall be governed by the Laws of the State of Indiana Any litigation
arising out of or relating in any way to this agreement or the performance hereunder shall be brought in the
courts of Indiana,end both parties herby irrevocably consent to such junsdiction
G TERMINATION
The Client reserves the right to terminate this agreement at any time in his/her sole discretion and without
cause or duty of explanation Capital may terminate this duties and obligations under this agreement upon
thirty(30)days written notice to the Client Termination on part of Capital shall not be effective if the
Client finds that such termination prejudices the Client
ti
H RENEWAL CLAUSE
Renewal Unless another contract is signed by the parties hereto replacing this agreement or unless written
notice of termination is given by one party to the other as stated in 6G the parties hereto agree that this
contract shall be automatically renewed automatically each year on the anniversary date of this contract
I MEDIA STATEMENTS
The parties agree that neither Capital nor any partner associates employee or any other person assisting
with the work contemplated with this agreement,shall speak to any representative of a television station
radio station newspaper magazine or any other media outlet concerning the work outlined in this
agreement without first obtaining approval of the Client This agreement specifically excludes any nght or
ability on part of Capital to speak on behalf of the Client to any member of the news media
IN WITNESS WHEREOF the undersigned represent they are authorized to enter into this agreement
numbering five(5)pages The undersigned acknowledge they have read and understand all terms set forth
herein By affixing their signature •e 'w the party s evidence their intent to • bound hereto
Carme ity Court ' p tal • ery Systems,Inc
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