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:
33.33% of the first $10,000 recovered*
20% of the next $90,000 recovered
10% of recoveries $100,000 or greater
The greater of $100 or 10% of customer invoice per recovered asset
$100 per reinstated account
Expert Debt Recovery and Dispute Mediation for Litigation Support Professionals:
35% of all amounts recovered
Post-Collection Grievance and Legal Process Fees:
Only when all else fails and we can make a winning case that meets with your approval, and...
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
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
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
*Rates are negotiable for high balance, high volume and regular placements
