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Clients:
Once
any debt has been exclusively assigned,
we will pursue the debt on the clients behalf.
Once
the debt has been assigned, all communications regarding the debt, must be between Costa Blanca Debt
Recovery and the Debtor. At this stage, (i.e. after assignment of the debt), there
must be no arrangements made directly between the
client and the debtor. Any such arrangement regarding the debt or its payment, will result in a 50% penalty
fee to the client.
Our
fees for debt recovery are as follows, you choose your preferred option:
1)
150 Euros admin charge per debt. Recovery fee 25% of debt recovered.
2)
No admin charge. Recovery fee 25% of debt recovered.
All
cleared funds recovered from debtors will be paid to the client immediately or
within the next banking day.
Debtors:
Debtors
may be charged daily interest on any outstanding
debts.
We
reserve the right to make public, financial details of debtors.
We reserve the right to change these terms without prior notification.
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