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.
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.
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.
Contract, invoices, delivery proof, correspondence, debtor details. The stronger the documentation, the faster the recovery and the greater the probability of success in court.
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.
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.
Our debt recovery agency with over 21 years of experience provides: Business to Business Collections Services, Legal Debt Collections and worldwide Skip Tracing services.
