1.If the outstanding debt is greater than $ _________________, always turn over to legal action when the debt becomes _____________ days past due. (Note that when secured by a lien, the date by which legal proceedings must be initiated before the lien expires is set by statute).

2.If the outstanding debt is between $ __________________, and $ ________________, send to legal action if the debt is secured by a personal guarantee, a joint-check agreement, or any other security.

3.If the outstanding debt is between $ __________________, and $ ________________, send to legal action if the debt is secured.

4.If the debt is $ __________________, or below, write-off debt and release the client.