EAOC 100 - Is it ethically proper for a collection agency to retain and pay a lawyer a flat monthly fee to handle all of its collection litigation while seeking and recovering attorneys' fees from the debtor based upon higher market rates?
(Effective Date July 27, 1990)
Issue: Is it ethically proper for a collection agency to retain and pay a lawyer a flat monthly fee to handle all of its collection litigation while seeking and recovering attorneys' fees from the debtor based upon higher market rates?1