We operate and function under a “NO CURE, NO PAY,” basis. You do not have to pay our professional, collection, or commission fees on works undertaken regardless of the result of the retrieval process. Our compensation will come in the form of the percentage sharing based on the amount actually recovered. Our rate of compensation is variable and depends upon a number of factors such as the presence or want of a written contract, securities or guarantors among others. We can, however, fix the compensation for collection services rendered under the following package:
1. If the assigned account is within the main city of the country, and the same is recovered whether it is by court action or extra-judicial action, client/creditor agrees and undertakes to pay DEBT COLLECTION GLOBAL, a collection fee or commission ranging from FIFTEEN PERCENT (18%) to TWENTY-FIVE PERCENT (30%) based on the amount actually collected depending on the nature and circumstances of the account;
2. If the assigned account is outside the main city, and the same is recovered whether it is by court action or extra-judicial action, client/creditor agrees and undertakes to pay DEBT COLLECTION GLOBAL, a collection fee or commission of THIRTY FIVE PERCENT (35%) based on the amount actually collected;
3. It is understood, however, that the words “amount actually collected”, include payments by dacion en pago, offsetting, assignments and other forms of payment that extinguishes the obligation.
The amount directly paid to DEBT COLLECTION GLOBAL, are turned over to the client within fifteen (15) days from receipt thereof.
We, therefore, offer these services and invite you to invest your trust and confidence on us because at DEBT COLLECTION GLOBAL…. we collect!