Robo 2nd Gear August 5, 2009 Share August 5, 2009 Wanna ask any bros here got any lobang for legal debt collector. i have a friend who is a remeiser, the client owe over 36k of contra loss and has refused to pay and disappeared numerous time. my friend has actually seek help from the co. Credit dept but they advise my friend to seek external debt collection agency as their in house one is quite ineffective. my friend is willing to pay and recover the lump sum. so please bros, if u all have any ctc or one that you have used before and feel that they are effective please pm me and share their ctc. TIA ↡ Advertisement Link to post Share on other sites More sharing options...
Watwheels Supersonic August 5, 2009 Share August 5, 2009 Are you serious? These so call debt collector can want up to 50% of the total amount. Not worth to do so. Good luck to your friend. Link to post Share on other sites More sharing options...
Robo 2nd Gear August 5, 2009 Author Share August 5, 2009 (edited) Are you serious? These so call debt collector can want up to 50% of the total amount. Not worth to do so. Good luck to your friend. nah... mkt rate is around 15 - 20% at most. so if 20% it amounts to around $7k. which is quite a fair amount to the agency Edited August 5, 2009 by Robo Link to post Share on other sites More sharing options...
Watwheels Supersonic August 5, 2009 Share August 5, 2009 But no guarantee they are able to get back full amount. I think you are quite optimistic on your figures. Link to post Share on other sites More sharing options...
Robo 2nd Gear August 5, 2009 Author Share August 5, 2009 But no guarantee they are able to get back full amount. I think you are quite optimistic on your figures. of course i know there are no guarantee. i could have just open classifieds and get any collectors. but i come in and ask for help hoping someone has experiences with these agencies. one that has high sucess rate Link to post Share on other sites More sharing options...
Dwoon 1st Gear August 5, 2009 Share August 5, 2009 There's an upfront payment to be made to cover the agency's cost regardless of whether they are successful or not. The commission portion comes about when they do manage to collect any monies. Your friend prepared to pay for services under such terms? Link to post Share on other sites More sharing options...
Jman888 Moderator August 5, 2009 Share August 5, 2009 I have a friend who used to be a remeiser, it was after time like this he quit, cos when he push too hard, the client might just jump down the building, you dun want to be linked to their death Link to post Share on other sites More sharing options...
Robo 2nd Gear August 5, 2009 Author Share August 5, 2009 There's an upfront payment to be made to cover the agency's cost regardless of whether they are successful or not. The commission portion comes about when they do manage to collect any monies. Your friend prepared to pay for services under such terms? i guess my friend is ready. losing a little beats losing $36k straight right? Link to post Share on other sites More sharing options...
Robo 2nd Gear August 5, 2009 Author Share August 5, 2009 I have a friend who used to be a remeiser, it was after time like this he quit, cos when he push too hard, the client might just jump down the building, you dun want to be linked to their death seriously i heard of ppl owe 100k 200k 1M 2M den go jump down but $36k... no need to jump right? say alot also not really alot mah... Link to post Share on other sites More sharing options...
Dwoon 1st Gear August 5, 2009 Share August 5, 2009 Ok, maybe you can try Beukhen Debt Collection. Their email : [email protected] Link to post Share on other sites More sharing options...
Robo 2nd Gear August 5, 2009 Author Share August 5, 2009 Ok, maybe you can try Beukhen Debt Collection. Their email : [email protected] thanks bro. i get my friend to get in touchwith them ↡ Advertisement Link to post Share on other sites More sharing options...
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