The Guam Agreement between Attorney and Client to Collect a Judgment is a legal contract setting forth the terms and conditions of the attorney-client relationship when pursuing the collection of a judgment in Guam. This agreement outlines the duties and responsibilities of both parties, ensuring a smooth and efficient process for collecting the judgment amount. Keywords: Guam Agreement, Attorney, Client, Collect, Judgment, Legal Contract, Terms and Conditions, Attorney-Client Relationship, Pursuing Collection. There are different types of Guam Agreements between Attorney and Client to Collect a Judgment, which may include: 1. Contingency Fee Agreement: This type of agreement stipulates that the attorney will only receive payment for their services if they successfully collect the judgment amount. The attorney's fees are usually a percentage of the amount collected. 2. Hourly Fee Agreement: In this type of agreement, the attorney charges an hourly rate for their services and will bill the client accordingly. The client is responsible for paying these fees regardless of the outcome of the judgment collection. 3. Flat Fee Agreement: This agreement involves the attorney charging a fixed, upfront fee for their services to collect the judgment. The fee amount is determined and agreed upon by both the attorney and client at the beginning of the engagement. 4. Hybrid Agreement: This agreement combines elements of both a contingency fee and an hourly fee agreement. The attorney may charge a reduced hourly rate but also include a percentage of the judgment amount collected as an additional fee. Regardless of the type of agreement, it is crucial for both the attorney and client to clearly define their roles, expectations, and payment arrangements to ensure a successful and transparent attorney-client relationship during the judgment collection process in Guam.
Guam Agreement between Attorney and Client to Collect a Judgment
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