Stage 2 - In-House Collection
You can forward your debts direct to Truscan and Associates without utilising Stage 1. Or, if you have used Stage 1 and have not received payment, the next step is to refer your debts to Truscan and Associates for In-House Collection. We will assign a dedicated, professional debt collector who will manage collection of your debt. Our experienced debt collectors are in the best position to assess effectively the chances of recovering your money and collect those debts in the most efficient manner.
Commission Rates
Commissions are charged only on monies recovered. If we are unsuccessful in recovering your debt, there is no charge to you. Truscan and Associates bears all costs in the recovery process.
Commission rates are determined based on the debt amount as shown below.
| Debt Amount | Commission |
|---|---|
| 0 - $500 | 25% |
| $501.00 - $5000.00 | 20% |
| $5001.00 - $10000.00 | 15% |
| $10001.00 - $40000.0 | 10% |
| $40001.00 - ABOVE | 5% |