SAMPLE REPORTS

In consideration for the opportunity to collect on your delinquent accounts and invalid checks, International Recovery Associates, Inc. offers and will abide by the following terms and conditions as stated, with respect to said account:

1. ACKNOWLEDGMENT - Upon receipt, each claim will be loaded on our computer system and, an Acknowledgment will be mailed to your office. Collection activity commences immediately. The 1st collection letter is generated and mailed within 24 hours.
   
   
2. CLIENT INVENTORY REPORT - Monthly or quarterly reports will be generated, showing the current status on each of your accounts. Each inventory report can be customized to suit your needs.
   
   
3. STATEMENTS & REMITTANCES - On the fifteenth of each month a Statement will be mailed to your office showing all collections made since our prior Statement as well as money due client.
   
   
4. CANCELLATION REPORTS - will be forwarded along with our remittance report showing the accounts we have closed and stating why the account was closed.
   
   
5. HISTORY REPORT - Statistical breakdown on all accounts placed with us for collection. Available upon request.
   
   
6. SPECIAL REPORTS - IRA offers a "state of the art" computerized collection system. Special reports can be prepared to meet our client's needs.