Contingency based collection means that payment for our work is contingent upon our success. If we are unsuccessful in our attempts to collect, it costs you nothing.
Thank you so much, for your cooperation and instructions in settling this matter with me, your professional understanding of the situation at hand has been very helpful in resolving this matter.
Collection agencies are specifically prohibited by the Collection Agencies Act in Ontario from adding any collection costs to a debt they are collecting. Lawyers are excluded from this legislation therefore, it is within a law firm's right to recover full costs for it's clients.