Debt recovery services convert unpaid invoices into cash through professional collection processes. For B2B creditors, these services represent the difference between writing off bad debt and recovering it.
Service Types
Amicable recovery: demand letters, phone collection, negotiation. Resolves 50-70% of claims under 12 months. Legal recovery: court proceedings, enforcement. Required when amicable efforts fail. Asset recovery: post-judgment enforcement including bank seizure, property attachment, and insolvency proceedings.
When to Engage
60-90 days past due. Each month of delay reduces recovery by 8-12%. The cost of agency commission is always less than the cost of a write-off.
What They Need From You
Contract, invoices, delivery proof, correspondence, debtor details. The stronger the documentation, the faster the recovery and the greater the probability of success in court.
Cost
Contingency: 15-25% amicable, 25-35% legal. No recovery = no fee. Court costs and legal fees are additional for litigated claims but often recoverable from the debtor.
Expected Outcomes
50-70% recovery for claims under 12 months. 30-50% for claims 12-24 months. Below 30% for claims over 24 months. These benchmarks assume documented, commercial claims against identifiable corporate debtors.