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1. Collection

CFS has a staff network of professional experts ready to provide support services to you!

We understand that issues and situations are unique and require individual attention and support.

We are here to help you, that is also why we provide a courier service and process for your company’s convenience.

2. Client Support

25+ years of Experience in these fields and more!

  • Retail Collections
  • Garnishment
  • Rent Collections
  • Commercial Collections
  • Medical Collections
  • Warrant in Debts
  • Interrogatory Summons
  • Loan Collections
  • Real Estate Collections
  • Liens
  • HOA Collections
  • Credit Card Collections
  • Utility Collections
  • Levies
  • Deeds
3. Terms & Conditions

Commonwealth Financial Solutions, Inc. (CFS) will attempt to collect your claim(s) under the following agreement:‚Äč

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. Our fees and our attorney’s fees are contingent on collection at the fee schedule specified. Fees are calculated on gross payment. Interest may be charged from the receivables due date at the allowable interest rate in the state where the debtor receives mail, and may be waived or retained by CFS to offset litigation reports, UCC searches, US Postal inquiries, asset searches, investigative reports or other expenses incurred.

4. Your company will advise us immediately of any debtor payments made directly to you, and CFS will invoice you for the fee for the collection.

5. You will be responsible for any existing and subsequent commissions due on files that are booked with the agency and withdrawn by you. If open files are withdrawn, you agree to compensate the agency for the appropriate commissions for collection.

6. CFS will immediately notify you of any lawsuit or claims against you, or CFS arising out of our efforts on your behalf, and CFS will defend and indemnify you against such claims or suits that arise out of our action. You will defend and indemnify CFS 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.

7. CFS has no authority to settle any debt for less than the full amount owing, except under your express permission.

8. CFS 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.

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