Jencks & Jencks, P.C. provides a complete range of legal services for factors. These include:
Preparation of Factoring Agreements, Purchase Agreements, Powers of Attorney, Critical Terms Agreements and Schedules,
Debtor Notifications, Letter of Credit Documentation, Account Assignments, Collateral Descriptions, Guaranties, and many other documents necessary to and/or unique to the
commercial factor.
Drafting intercreditor agreements, subordination agreements, consent agreements, Internal Revenue Service agreements,
waiver of claims agreements, and other interfactor and intercreditor agreements.
Breach of contract and contract default litigation, foreclosure litigation, (both non- judicial and judicial), collection actions,
domesticating judgments, and garnishment actions.
Work with local counsel around the country to ensure compliance with usury and collection laws as well as work with
litigation and collection attorneys in the litigation of factoring disputes and fraud losses.
Work with the smallest of small local factors as well as large national factoring companies. Jencks & Jencks is a specialist
to the small and medium sized factoring companies and is willing to negotiate very competitive and reasonable hourly fee
or flat fee arrangements and payment plans for all document preparation, general factoring advising, and litigation.
Do you need a collection agency
to recover funds from clients who owe you money? Do your clients need a collection agency to collect from their nonpaying customers?
Greenberg, Grant & Richards Inc. does not charge fees unless funds are collected. If they don’t collect, you don’t
pay. GGR retains a 20% fee on collected amounts for A/Rs 31-90 days old, 25% for A/Rs 91 to 365 days old, 30% for A/Rs over a year old, and 50%
for accounts under $750. Call Chris Chackny at 800-497-5332 x 1145.
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