Contingency Structure

Stuart Allan & Associates, Inc. accepts all collection accounts on a contingency basis.

Contingency structures are based on various predicating factors including:

Type of Assignments

Number of Assignments

Average Balance

Date of Loss

Geographical Distribution

Previous Collection Activity

We would welcome the opportunity to review and discuss your collection portfolio. Understanding your recovery needs and requirements enables us to provide you with a custom designed recovery program for each class of business. We are confident that through negotiation, a mutually beneficial agreement can be established. To compliment standard and non-standard collections, Stuart Allan & Associates, Inc. offers a wide range of investigations and services for a fee basis.

Bonding Requirements

Stuart Allan & Associates, Inc. is regulated and approved as a licensed collection agency by the Arizona Banking Commission. The State of Arizona requires that we post a bond for $100,000 for client funds. In addition, as a Certified member of The Commercial Collection Agency Association, we are also required to post a $300,000 bond for client trust funds. In addition, many states also require appropriate bonding for licensing approval. In said states, Stuart Allan has obtained the required bonding. If your company requires or volume merits, Stuart Allan will obtain for your protection, and at our own cost, a blanket indemnity bond equal to one and one half times the gross monthly dollars recovered or anticipated to be recovered. For added protection, we carry an appropriate amount of professional liability coverage underwritten by an A+ Class XV carrier. Should you require or desire, Stuart Allan will add your company as an additional insured directly to our policy.