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You're in the business of providing debt collection services, but how much does it cost to use your services? And will you charge a fee if you don't recover anything? These are important questions that you need to know the answers to before hiring a debt collector.
The truth is, when it comes to debt collection services, there isn't a 'one size fits all' approach. Every company has different fees and pricing structures. But here at [Company], we work on a "No Collection - No Fee" basis. That means we won't charge a fee if we don't recover any money for you. That principle only applies to pre-legal debt collection, however. If legal action is recommended/unavoidable, then we will quote our legal fees separately.
We understand that choosing the right debt collection agency can be confusing and overwhelming, so in this article we will discuss everything you need to know about our pricing structure for debt collection services.
So, how much does it cost to use our debt collection services? We work on a "No Collection - No Fee" basis, so you won't be out any money if we can't collect the debt. That applies to pre-legal debt collection only—so if legal action is necessary, we always quote our legal fees separately.
You also don't have to worry about any hidden fees with us. We don't charge any upfront or set-up fees for our service. Your only out-of-pocket expense comes after successful collection of the debt–which is when you'll owe a percentage of it as our fee.
In other words, you won't have to pay anything until you get what you're owed—so there's really no risk involved in letting us take a shot at recovering your lost revenue! So don't wait—reach out to us today and let us help get your money back.
We're proud to offer a “No Collection – No Fee" policy, which means that you won't be charged a fee if we're unable to recover your debt. There are no management fees or any other hidden fees associated with this policy either—the only cost to you is the commission charge when we recover the money.
This type of policy gives our clients peace of mind that they won't have to pay a large amount of money upfront in order to recover their debts. It also ensures that we are motivated to do our best work and maximise chances of success in recovering the debt.
Our team is highly trained and have extensive experience in debt collection, so you can trust that they will go above and beyond to get you your money back quickly and efficiently.
Sometimes, debt collection efforts may be unsuccessful, in which case legal action may be recommended. It’s important to remember that if legal action is recommended and taken, we will quote our legal fees separately.
However, there are certain cases where legal action may be unavoidable. If a debtor is refusing to pay despite all your attempts at negotiating a payment plan or when you don’t have full information about the debtor (for example, if you only have their name but no contact details). In such circumstances, legal recourse may be the only way to collect payment.
The good news is that we will provide you with a quote for any necessary legal fees before any action is taken – so that way you'll know exactly what to expect from the outset.
No. When we say “no collection, no fee”, that’s exactly what we mean—we won't charge you anything if we don't collect for you. We work on a commission based charging structure and the most common type of no collection-no fee arrangement for debt collection. We will never ask for a set-up fee or any other hidden charges for our services.
However, if legal action is recommended/unavoidable, then we will quote our legal fees separately. In this case, the fees will depend upon the amount of debt you are looking to recover. Our fees are also inclusive of court costs and any other necessary fees. Remember: regardless of the outcome in these cases, you are only responsible for paying our legal fees and not our collections fees.
Aside from our regular debt collection service in the UAE, we also offer other services to cover the entire debt recovery process.
These include:
No matter what stage of the debt recovery process you are at, our services are tailored to meet your needs as cost effectively as possible. We have a thorough understanding of UAE law which allows us to work quickly and efficiently on your behalf.
In conclusion, our debt collection services make it easy for you to recover what’s rightfully yours, without paying an upfront fee. We work on a "No Collection - No Fee" basis, so you don’t pay a thing if we collect nothing, and if legal action is recommended/unavoidable, we quote our legal fees separately.
Our team is experienced in collecting debt from all types of businesses, in the UAE and internationally. With our cost-effective debt collection services, we can help you take action to collect what is due to you, without worry. So if you’re looking for a debt collection agency in the UAE, contact us today, and let us help you resolve your debt collection issues.
We usually get results within the same month. Filler contact for and we will review you debt to collect in Dubai the same day. Early action will guarantee your much higher success rate!
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