DEBTACTION – Debt Collection any size
Debt recovery is commenced immediately with the Debtor being personally contacted by the most direct method available. This immediately puts the debtor on notice that DEBTFORCE are acting on your behalf and you are serious about recovering your debt.
We do:
Contact the Debtor immediately: Once contacted your personal Recovery Officer will report the status of the debtor’s position and explain the options available to you, keeping in mind the economics of the amount being recovered.
Keep you informed: Throughout the recovery of your debt the Recovery Officer will keep you fully informed of any relevant developments, particularly payments or defaults by the debtor
Seek your approval should a payment arrangement be offered . If this is acceptable it will be monitored by your Recovery Officer.
Prefer negotiation to litigation: However, the situation may have progressed to where no other option is available but to issue legal proceedings. Should that be the case we can direct the file to our preferred solicitor who has provided DebtForce clients with discounted legal charges
Pay trust monies recovered twice a month: Any monies recovered from a debtor is paid to the client twice a month either by direct credit or cheque.
We don’t:
Charge Toll Calls
Charge commission on interest and costs: If you have the legal ability to charge your debtor interest and costs we add this to the debt toal to recover but do not charge commission on these fees.
Charge debt loading fees or subscription charges. Your giving us the oppertunity to act as your agent, why should you have to pay to give us your debt without the file being worked first?.
Our Debt Collection Service includes
- Personalised service
- Debts any size or age
- One on one with the debtor
- Immediate Debtor contact
- Establish debt liability
- Objective – PAYMENT IN FULL
- Client fully informed of any offers of payment or disputes
- Repayments documented and monitored by DEBTFORCE
- All funds to Trust Account
- Legal services arranged
Service Costs
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18% COMMISSION
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Commisson is charged only on the amount settled
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If no payment is made by the debtor a closed file fee of $45.00 exc gst applies
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If commission exceeds $45.00 the close file fee is not charged
