Collecting Your Judgment In Alberta

• Category: Collections - Attorneys
• State: Multi-State
• Control #: US-02700BG
• Format: Word; Rich Text

Description

The Agreement Between Attorney and Client to Collect a Judgment is a legal document that outlines the responsibilities and expectations for both the attorney and the client regarding the collection of a judgment in Alberta. This form includes key provisions detailing the services to be performed by the attorney, which is to collect money owed to the client based on a prior judgment. The attorney's fee is set at fifty percent of the collected amount, and clients must advance anticipated costs related to the collection efforts. This agreement also grants the attorney the authority to initiate collection processes, including sending demand letters and pursuing court actions if necessary. Clients are required to direct any payments received from the debtor to the attorney for proper handling and have the option to involve co-counsel without additional charges. Specific clauses address scenarios where the attorney may withdraw from representation, ensuring clients are aware of contingencies related to collection feasibility. The document also includes sections on severability, arbitration for disputes, and confidentiality. This form is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for managing collections while outlining legal obligations and protecting both parties’ interests. It serves as a reliable resource for professionals involved in debt recovery, helping them navigate client relationships and legal processes effectively.