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Fees, Remittances and Reports

Fees, Remittances and Reports

 

Fees 

We generally work on a contingent fee basis.  Fees are charged contingent upon collection. If there is no recovery, there is no fee.  All funds are deposited into a trust account where our clients’ monies are safely maintained, until remitted to the client on a monthly basis.  No costs are charged unless authorized by the client. When required, cases can be billed on an hourly basis. Contact our office for more information.

Remittances

Remittances are processed through our computer system to produce the most accurate and prompt results.

Monies collected on the 1st through the last day of each month are remitted to the client before the 10th day of the following month. This schedule has been adopted to minimize the time it takes to deliver a remittance check to you, while still accounting for any returned checks received the prior month.

While our firm automatically maintains this regular remittance schedule, a customized remittance program may be created to suit your specialized needs.

New Claims and Reports

New claims may be sent by paper or received electronically using E.D.I. Our computer system can be custom programmed to receive claims from your computer system, allowing for a seamless transfer of accounts. Our state-of-the-art computer system allows our office to customize reports to satisfy each client’s individual needs. Standardized reports include, status of active and closed files, and a collection performance report. Custom reports can be generated on demand and delivered to you electronically, by email or U.S. mail.

The Law Offices of Jay B. Umansky, P. C. has prepared this website for general information purposes only and to help you become more familiar with our firm. The materials on the website are not intended to be legal advice or to convey an opinion of legal counsel. Due to the need for updating of information, these materials may not reflect the most current legal developments or cases. The information on the website, therefore, cannot be guaranteed to be correct, complete or up-to-date as of the time you are actually viewing it. Visitors to this website should not take any action with respect to legal matters based on information they may see on this website without actually consulting with legal counsel. The Law Offices of Jay B. Umansky, P. C. does not intend this website to be advertising, nor is it intended to create an attorney-client relationship between you and the firm. You are encouraged to contact the firm and its attorneys through the contact information provided on this site. However, such communications with any of us through this website does not create an attorney-client relationship. Moreover, confidential or sensitive information should not be transmitted to the law firm until a formal attorney-client relationship has been agreed upon and entered into.