KOP Collection Services (KCS) will attempt to collect your claim(s) under the following agreement:
1. We will comply with all local, state, and federal laws, and such policies of your company as you may disclose to us.
2. Any remittances will be held in our insured, non-interest-bearing trust account, and you authorize us to endorse checks and negotiable instruments for deposit into this account.
3. Your company will advise us immediately of any debtor payments made directly to you. KCS will include commission owing on direct payments on collection statements. Typically, accounts paid to the client direct will result in an invoice being created for the client with the total of that invoice paid from the next remittance date.
4. KCS will immediately notify you of any lawsuit or claims against you, or KCS arising out of our efforts on your behalf, and KCS will defend and indemnify you against such claims or suits that arise out of our action. You will defend and indemnify KCS in any such action where cause arises out of erroneous information supplied by you. In any action, you will have the sole right to choose your attorneys.
5. KCS is authorized to refer files to attorneys for collection at its discretion. However, authorization to file suit may come only from you, and you will be required to pay any court costs.