20% Of Capital and Interest Collected
R290 per month on debit order plus 7.5% of capital and interest collected (South Africa only)
R3190 per year (EFT or Debit Order) plus 7.5% of capital and interest collected
Percentage fees are charged on the capital and interest collected and exclude VAT. Debtors fees are charged to the debtor as prescribed by law. Amounts received by the Client or collected by us will be allocated first to fees, then to arrears capital and interest. Capital plus interest less fees will be paid to the Client.
At the legal collection stage we ask you for consent and the matter will then be handled by one of our attorneys. Currently we have a panel of 276 attorneys all over South Africa. All normal legal fees are paid for by us at our risk. Should there be any unexpected legal fees such as defence or Sheriff's storage fees, we will contact you for authorisation before proceeding.
Funds Remitted Monthly
Funds will be remitted from our trust account on a monthly basis on payments received within the previous month. You will receive a detailed list of payments received.
Email a Consultant