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.
I just wanted to thank you both for your help in reaching an agreement with Capital One. As I have mentioned before this has been a very stressful time for me. I received more assistance from the plaintiffs lawyers in the last few days than I have from [law firm name deleted] the 19 months I've been in their "Debt Settlement Program".
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.