SCHEDULE OF WHEN REMIT
CHECKS ARE SENT TO CLIENTS

 

Where monies have been collected on behalf of clients, and those monies have been sent us rather than to the client, Collect World Wide/David A, Hays, PLC sends out remit checks to Clients every Friday. The remit checks are sent to the clients, in an amount equal to the monies received, minus any Fee earned by the law firm on the account or on other collections accounts that have remained unpaid for 30 days or more, by the  Client, the first Friday following ten business days after payment from the debtor is received. This allows for the check to clear, and for internal accounting procedures- but is among  the FASTEST remit or turnaround times in the industry.