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Thread: Debt Collectors?

  1. #1
    Senior Member melvin's Avatar
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    Default Debt Collectors?

    Hi!
    Looking at weather to engage their service.
    Have u guys use any of the service of Debt collecters?
    How is their service effective? n most important whats their rate?

  2. #2
    Senior Member
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    Default Re: Debt Collectors?

    Depends on the service you need:

    Ah beng-5% comission
    Ah Seng-10% commision
    Ah Long- 20% commision
    Garment lawyer- 50% commision..

    I lup SG, but SG don't love me...

  3. #3
    Member
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    Default Re: Debt Collectors?

    Quote Originally Posted by Sjourn
    Depends on the service you need:

    Ah beng-5% comission
    Ah Seng-10% commision
    Ah Long- 20% commision
    Garment lawyer- 50% commision..

    Sorry, my rate more than 10% hor.......

  4. #4
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    Default Re: Debt Collectors?

    Quote Originally Posted by Ah_Seng
    Sorry, my rate more than 10% hor.......
    ...pai seh...

    *Please note Ah seng's rate is upgraded
    I lup SG, but SG don't love me...

  5. #5
    Moderator catchlights's Avatar
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    Default Re: Debt Collectors?

    Quote Originally Posted by Sjourn
    Depends on the service you need:

    Ah beng-5% comission
    Ah Seng-10% commision
    Ah Long- 20% commision
    Garment lawyer- 50% commision..


    towkay Sjourn - one arm and one leg of your debtor

  6. #6
    Senior Member Sion's Avatar
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    Default Re: Debt Collectors?

    Quote Originally Posted by melvin
    Hi!
    Looking at weather to engage their service.
    Have u guys use any of the service of Debt collecters?
    How is their service effective? n most important whats their rate?
    Most photographers don't need the service of a debt collector as they are armed with tripods, monopods etc.

    I don't have too many clients who don't pay me. The bad clients seem to end up in hospitals or car accidents.

  7. #7

    Default Re: Debt Collectors?

    Quote Originally Posted by Sion
    Most photographers don't need the service of a debt collector as they are armed with tripods, monopods etc.

    I don't have too many clients who don't pay me. The bad clients seem to end up in hospitals or car accidents.
    hahaha....i like this....

  8. #8
    vince123123
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    Default Re: Debt Collectors?

    Had a friend who used a debt collector recently - some charge upfront fee regardless of collection, the better ones take 40% - no collection no $.

  9. #9
    Senior Member melvin's Avatar
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    Default Re: Debt Collectors?

    Quote Originally Posted by vince123123
    Had a friend who used a debt collector recently - some charge upfront fee regardless of collection, the better ones take 40% - no collection no $.
    Hmm... like the idea of no collection no $. For the 40% is it of the recieved amount or owed amount? cos recieved n owed amount might not be the same!

  10. #10
    Member Taurean's Avatar
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    Default Re: Debt Collectors?

    Had used Debt collectors svc b4. The co charge me a $50/per case upfront, the comm is 30% on the amt the managed to collect lor.

    They managed to track down my cust but end up no payment is collected as they went bankrupt

  11. #11
    Senior Member
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    Default Re: Debt Collectors?

    Emotional debt?


    HOW ?

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