Fee schedule
| Amount collected | Fee |
| $1 – $30,000 | 40% |
| $30,001 – $100,000 | 35% |
| $100,001+ | 30% |
Services
Legacy Ridge NY ("Provider") is engaged in the business of recovering outstanding judgment awards ("Awards").
Third Parties
Provider may retain third-party affiliates to perform investigation and enforcement activities subject to the terms of this Agreement.
Client Warranties
Client expressly represents and warrants: the validity, amount, and authenticity of each Award submitted to Provider; that the Award is presently and validly owed to Client; and the amount stated in supporting documents provided by Client is the current amount owed to Client.
Judgment Validity
Client confirms that the Award in question has not been satisfied, paid, assigned, compromised, or discharged in bankruptcy court nor rendered unenforceable in any way.
Exclusive Authorization
Client hereby appoints Provider as the exclusive judgment enforcement service provider, pursuant and subject to the terms and conditions of this Agreement.
Indemnification
Client will release and protect Provider from any and all legal actions claiming that the Award has already been satisfied or partially paid. This indemnification covers any legal fees incurred by Provider due to such litigation. Client will also defend, indemnify and hold harmless Provider from any and all claims arising from any breach of this Agreement by Client.
Payment to Provider & Client
Provider shall remit to Client the recovered amount, less the Provider fee, collection costs, and any applicable third-party fees, on the last day of each month for all collections received. Client authorizes Provider to charge up to $150 to cover third-party fees related to the judgment. Additionally, Client agrees to promptly notify Provider of any settlement offers or payments made directly to Client from the judgment debtor while the Agreement is in effect.
Term and Closure
This Agreement shall take effect immediately upon execution. If Client wishes to terminate the Agreement, Client may do so provided that judgment debtor assets have not been restrained, garnished, or located. Client must provide 60 days written notice to Provider.
Settlements Processing
All settlements related to the Award shall be processed by Provider.
No Guarantees
Provider and Client agree that Provider does not guarantee any result whatsoever with respect to recovery of the Award.
Governing Law
This Agreement shall be governed by the laws of the State of New York.
Litigation and Court Appearances
It is explicitly stated that Provider is solely hired for collection purposes and will not be responsible for litigation, including court appearances.
Client Attestation
Client attests that the judgment in question is not related to child support, has not been vacated, satisfied, or assigned to any other entity.
Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, representations, or agreements relating to the subject matter herein.
By electronically signing and submitting this form, you confirm your identity and authorize Legacy Ridge NY to collect on your judgment award. Pursuant to the Electronic Signatures in Global and National Commerce Act (E-SIGN Act, 15 U.S.C. § 7001), typing your name below constitutes a legal and binding electronic signature.
