Our minimum service charge would be computed from 20% of the recovered indebtedness, it is only our minimum charge which will only be applied in local cases where we could contact the debtors or the period of indebtedness is short. We would consider your case before we quote you our fee. Furthermore, if you already become our customer, we will provide free legal and accountancy service to you in the worldwide. Our service charges always base on the complexity, the amount of indebtedness, the number of involving parties, the reason of dispute, etc., of each case, the rate of charges is calculated from case to case. |
| 1. |
the time of indebtedness and the amount due |
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| Type of cases |
Period of indebtedness |
| Under 181 days |
181 to 545 days |
over 546 days |
| Local |
30% |
35% |
40% |
| PRC |
35% |
40% |
45% |
| Other places |
35% |
40% |
45% |
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- Our charges are the various % appearing on table.
If the business of the debtor has been ceased, the debtors or its person in charge lost contact, it will be a case which we have to rely on other resources for locating the debtor or its or their whereabouts, the minimum service charge will be 40% with the maximum will be 50% of the recovered debt. There will be negotiation in case the amount due is large.
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| 2. |
District |
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If debt collection is going to be outside Hong Kong, our charges are based on which district to be carried out the action. All the service charges will be negotiated. |
| 3. |
Simple or possible debt collection |
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If there are detail informations of the debtor, our service charges could be negotiated to a lower side. |
| 4. |
Premier customer |
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We welcome to negotiate with customers who place a large quantity of orders or place orders to us on a long term basis for a lower rate of service charges. |
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| 5. |
Cases where the debtor's business has been ceased or the debtor lost contact or it is a second hand case (passed from other debt collection agent)
Our service charges will be higher than as usual for such cases because we have to make use of other resources for locating the debtor which results in outgoings. Please contact our customer service for enquiry. |
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