Credit Bureau of Albert Lea
If you are a consumer, the content on this website was produced by a debt collection agency and any information obtained could be used for the collection of a debt.
The information contained on this website should not be interpreted as legal advice. If you have questions regarding any interpretation of the law, contact your attorney.
Credit Bureau of Albert Lea Collection Service Agreement
Upon
receipt
of
account(s)
placed
with
the
Credit
Bureau
of
Albert
Lea
(hereinafter
referred
to
as
the
CBAL),
we
will
proceed
with
the
collection
process
and
work
the
account(s)
until
resolution
or
cancellation.
Once
the
account
is
placed
with
the
CBAL,
all
collection
efforts
and
attempts
by
the
Client
must
cease.
All
accounts
received
by
the
CBAL
are
reported
to
the
National
Credit
Bureaus
unless
specifically
requested
not
to
report
by
the
Client.
The
Client
is
responsible
for
the
accuracy
of
all
information
they
have
provided
to
the
CBAL
and
agrees
to
indemnify
and
hold
harmless
the
CBAL
from
any
inaccurate
information
reported.
It
is
preferred
the
Client
cease
all
contact
with
the
consumer
once an account is placed with the CBAL and would rather Client refer all communication from the consumer to the CBAL.
Upon
collection
of
account
or
payment
on
account,
the
CBAL
will
receive
the
full
applicable
commission
fee
of
the
total
collected.
If
the
Client
receives
direct
payment
in
full
or
in
part
of
the
account
after
it
has
been
placed
with
the
CBAL,
then
the
appropriate
commission
is
due
to
the
CBAL.
The
Client
must
notify
the
CBAL
when
a
direct
payment
is
received.
The
CBAL
only
receives
payment
of
commissions
for
the
monies
that are collected.
After
completion
of
End
of
Month
by
the
CBAL,
we
will
provide
a
statement
to
the
Client
that
reflects
all
payments
received
by
the
CBAL
or
Client
during
the
month
directly
to
the
Client
and
received
by
the
CBAL.
The
CBAL
will
deduct
all
commissions
from
the
payments
received
in-
house
and
remit
payment
with
the
statement.
If
payments
have
been
made
directly
to
the
Client,
the
CBAL
will
adjust
commissions
on
the
statement accordingly showing total payments made and commissions due.
The
Client
may
cancel
an
account
at
any
time
after
90
days
of
initial
account
placement
date,
unless
the
account
is
in
the
payment
process,
or
a
commitment
of
payment
has
been
made.
If
the
Client
still
wishes
to
cancel
the
account,
the
full
commission
fee
is
due
to
the
CBAL.
If
the
consumer
makes
a
settlement
offer,
the
Client
will
be
informed
of
the
offer
and
their
options
as
to
accept,
counter
or
refuse
the
offer.
If
the
CBAL is unable to contact the Client of the settlement offer the CBAL will act in the best interests of the Client.
