Debt Collections Sample Clauses

Debt Collections. 26.1. The Bank reserves the right to contact the Cardmember through any mode of communication to recover the debt, as per SBP Fair Debt Collection Guidelines. This includes visiting the Cardmember as soon as he or she misses out on a payment and their outstanding debt remain overdue. Bank also reserves the right to contact Supplementary Cardmember and their family, friends, neighbors, employer or other third parties if they are out of contact for 30 calendar days post missing a payment. In case Cardmember is contacted but same still remain delinquent, the Bank reserves the right to provide his or her information to the third parties mentioned above to recover the outstanding payment.

Debt Collections a. In matters involving both possible disciplinary action and fiscal liability for which a Bill for Collection may be issued, any disciplinary action will be decided prior to issuance of the Bill for Collection. If fiscal liability is pending, the letter proposing disciplinary action will so state. b. In cases involving gross negligence, the letter proposing disciplinary action will contain notification explaining the reasons, charges of negligence determina- tion, subsequent discipline, and the right to Union representation. c. A Notice of Intent to Offset Salary and a Bill for Collection establishing the dollar amount of the liability will be issued to the employee 30 days in advance of collection action being initiated. The Notice of Intent will inform the em- ployee of the nature and amount of the indebtedness; the intention of the Forest Service to collect the debt through deductions from pay; the amount of install- ments for repayment, if any; and an explanation of the rights of the employee under Title 5 of the United States Code, Section 5514 as to the right to file a waiver, the right to a hearing on the existence and amount of the debt, and that a timely filing of a petition for hearing will stay the collection proceedings. This constitutes the employee’s grievance/appeals procedures. d. Notwithstanding the terms of this section, the issuance of a Bill for Collection will not be delayed if the delay would jeopardize the ability of the Government to collect any monies due it. e. The Forest Service will consider waiving collection of employee debts in ac- cordance with 4 CFR l04.3 and the regulations governing overpayment of pay based on fairness and equity.

Debt Collections. Should Merchant become indebted to Bank because (a) the total amount of Credit Vouchers deposited exceeds the total amount of Transactions effected; (b) Bank has paid Merchant amounts greater than Merchant is entitled to hereunder; (c) Merchant has failed to pay any amount due under Clause 8 of these Basic Terms and Conditions; (d) ▇▇▇▇▇▇▇▇ has failed and/or refused to deliver to Bank all the Sales Drafts and/or Credit Vouchers as described in Clause 6 of these Basic Terms and Conditions; (e) Merchant has failed to comply with the provisions of the Clause 5 of these Basic Terms and Conditions; or (f) for any other reason, Bank shall either retain such amounts from payments then or thereafter due to Merchant or collect such debt(s) in whatever way Bank thinks fit. ▇▇▇▇▇▇▇▇ further agrees that Bank has the right to charge, combine and consolidate any of Merchant’s account(s) maintained with Bank with or without prior notice. Bank may levy a handling fee for its good faith collection process and may employ debt collection agencies to collect the outstanding amount. Merchant authorises Bank to disclose information regarding ▇▇▇▇▇▇▇▇’s details and account to debt collection agencies employed by Bank. Merchant shall indemnify Bank in respect of all fees, costs and expenses incurred in the debt recovery process.