Check out our client friendly retainer letters provided here for your convenience

Mensah Law Offices

Debt Collection and Debt Relief Agreements & Fees

In order to retain an attorney from our firm all clients are required to execute a retainer agreement for services.  Our retainer agreements detail the type of service to be provided as well as any cost and fees that will be applied to any services provided by the firm.  We strongly encourage all clients to review our retainer agreement prior to retaining our services.  If you have questions or concerns related to the retainer agreement you should address those concerns to your satisfaction prior to executing the retainer agreement.  

Our retainer agreements and specifically our fee for services may differ between the various services that we offer and may be amended from year to year.  Currently you are in our debt collection-debt relief services section and we use contingency fee billing for all of our debt collection-debt relief services.

Our contingency fee percentages are based on the dollar amount of the debt.

The only out of pocket cost to the client are costs for any expenses incurred by the firm toward collecting the debts, primarily court filing fees, service of process fees and locator fees or costs incurred by the firm for helping to resolve a debt.

Our contingency fee agreements are as follows:

  1. For a debt $50,000 and below we charge a 33.3333% fee for collection and 35% fee for collections when litigation is initiated by the firm.  All expenses for court filing fees, service of process or locator fees are to be advance by the firm and reimbursed to the firm by the client.

    • For a contingency fee agreement for debts $50,000 and below click here.
  1. For a debt $500,000.00 to $50,001.00 we charge a 30% fee for collection and a 33.3333% fee for collection when litigation is initiated by the firm. All expenses for court filing fees, service of process or locator fees are to be advance by the firm and reimbursed to the firm by the client.

    • For a contingency fee agreement for debts between $500,000 and $50,001, click here.
  1. For all debts above $500,000 we charge a 25% fee for collection and a 30% fee for collection when litigation is initiated by the firm.  All expenses for court filing fees, service of process or locator fees are to be advance by the firm and reimbursed to the firm by the client.

    • For a contingency fee agreement for debts $500,000 and above click here.
  1. The firm offers reduced percentage fees on all amounts stemming from a relationship with a bulk client.  To qualify as a bulk client you must provide more than ten collection cases to the firm in one calendar year.  Please contact us to discuss bulk term fees.

    • For a contingency fee agreement for a bulk client please contact the firm to negotiate a mutually acceptable retainer agreement.
  1. For debt relief services the contingency fee for services is pre-negotiated between the client and the firm and is based upon the percentage of the full debt the firm saves the client from having to pay its creditor.  For instance if the client, through the firm, is able to negotiate a 50% reduction in payment of the bill the firm will have saved the client 50% of the fee the client owed.  The firm and client would have negotiated a fee out of that 50% percentage the firm saved the client from having to pay. For a contingency fee agreement for debt relief services please contact the firm to set up a mutually acceptable retainer agreement.