On all return of merchandise, which has been authorized and received, our rates will be based on one-half the invoiced amount of the merchandise.
On Chapter 7 cases (Bankruptcy Liquidation) we will file the necessary Proof of Claim with the Bankruptcy Court, monitor the proceedings and keep you advised of all significant developments. There will be no charge for these services, other than our agreed collection rates, which will be charged on any distribution made.
GLOBAL DEBT SOLUTIONS INC
On Chapter 11 cases (Bankruptcy Reorganization) we will file the necessary Proof of Claim with the Bankruptcy Court, monitor and participate in the Chapter 11 proceedings. We will obtain a copy of the schedules filed by the debtor indicating the amount the debtor claims is owing to you. Our agreed collection rate will be charged only on distributions made.
Should an amicable collection not be possible, and legal action be required and authorized in order to collect, our clients benefit from our extensive network of highly experienced commercial attorneys, who can properly and effectively pursue litigation with a minimal amount of expense.