Fees
We don't charge extra for 2nd placements and year-old accounts.
We invite them and you only pay for results:
COLLECTION SERVICE FEES
Commercial (B2B) Bad Debt Prevention and Recovery:
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33.33% of the first $10,000 recovered
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20% of the next $90,000 recovered
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10% of recoveries $100,000 or greater
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The greater of $100 or 10% of customer invoice per recovered asset
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$100 per reinstated account
Expert Debt Recovery and Dispute Mediation for Litigation Support Professionals:
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35% of all amounts recovered
Post-Collection Grievance and Legal Process Fees:
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Only when all else fails and we can make a winning case that meets with your approval, and...
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Only when we can identify a favorable outcome, such as attachable assets with strong judgment execution potential, will we recommend grievance or legal filings to enforce collection
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ARMSCO pays local litigation counsel's fees, therefore, ARMSCO's Litigation Rates are quoted on a case by case basis, based on local litigation counsel's rates
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All pre-approved costs of litigation are chargeable to the creditor. These may or may not include but are not limited to private investigation or research fees, hourly rates, non-contingent suit fees, court costs, marshal's/sheriff's/service fees, supplementary process (judgment execution) fees and local litigation counsel's out of pocket costs