Debt Collection Terms and Conditions
By executing this Collection Agreement/ Submitting claims on-line, Client authorizes Graystone Partners, LLC to perform debt collection services according to Graystone Partners, LLC rates and terms and conditions on all accounts placed for collection.

• Client authorizes Graystone Partners, LLC to receive and endorse, for the purpose of debt collection, any funds in all forms received by Graystone Partners, LLC for the purpose of remitting said principal to Client less any fee due Graystone Partners, LLC. Client agrees to pay Graystone Partners, LLC its full commission on accounts collected, paid direct to Client, withdrawn, waived or forgiven, product or services returned or received in lieu of payment, or settled from any source, after demand for payment has been made.
• Client agrees to pay Graystone Partners, LLC a 10% fixed fee in the event an account was placed for collection having already been paid by the debtor prior to placement.
• Client agrees to notify Graystone Partners, LLC immediately of any direct communication or payment from Debtor. Client agrees to pay Graystone Partners, LLC an additional 10% fee for any payments received directly by Client from Debtor that are not reported by Client to Graystone Partners, LLC within 10 days of receipt of payment.