Service Charge
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.
Matters affecting our rate of charges :-
1. the time of indebtedness and the amount due
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% |
2. District
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
If there are detail informations of the debtor, our service charges could be negotiated to a lower side.
4. Premier customer
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.
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)
5. 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.
All of our service charges shall be calculated and stated in our Service Agreement to be signed between the parties which shall be final notwithstanding the previous representation and negotiation whether in writing or orally.