Our Fees and Rates
Based on No Collection, No Charge!
Brodie Collection Services have some of the most competitive rates in the debt collection industry. We are one of Melbourne's leading debt collection & recovery agencies.
Our debt collectors have specialised in debt collection & recovery, legal support services and credit risk management since 1993 so don't trust your debt collection needs to anyone else!
Commercial Commission Rates*
|Debt Value Collected||Commission charged (plus GST)|
|over $36,000||5% (flat rate applies for values above $36,000 - see example below)|
|$25,001 to $36,000||10%|
|$18,501 to $25,000||11.5%|
|$13,001 to $18,500||13%|
|$8,501 to $13,000||15%|
|$4,501 to $8,500||17.5%|
|$2,001 to $4,500||19%|
|Up to $2,000||24%|
* Valid for accounts of $600.00 and over, otherwise recoveries will be charged at 35% or $100.00, whichever is the greater.
* The above fees apply to the nominated amount whether paid in full or by installment, a credit raised or shown to be paid previously.
|Fee payable on a debt recovery of $50,000|
The initial $36,000 portion, fee payable @10% = $3,600, plus GST,
Additional $14,000 portion, fee payable @5% = $700, plus GST,
Total fee payable $4,300, plus GST.
THE CHEAPEST RATE IS NOT NECESSARILY THE BEST RATE.
Brodie Collection Services, on all debts of $3,500 plus, are prepared to proceed and file a claim with VCAT Tribunal, on your behalf, due to unsuccessful debt recovery
Additionally we will upgrade the VCAT order to the Magistrates Court (at our cost), so legal enforcement measures may be instigated.
We will help overcome potential bad debt and help discover unscrupulous directors and businesses for you by offering a special rate on the following services:
- Company search (extract) $44.00
- Business Name search (extract) $44.00
- Directorship search (extract) $49.50
- Bankruptcy search $48.00
- Field Call $55.00
- Land Title extract $66.00
MEDIATION (AVOID UNNECESSARY LEGAL ACTION)
We act as an intermediate agent or medium for reconciling a dispute. This alternative action can bring about a result without expensive litigation in Court
We will instigate legal proceedings with your authorisation to recover any credible debts that remain unpaid after our recovery process.
Brodie Collection Services is one of Melbourne’s leading debt collection & recovery agencies. Our debt collectors have specialised in debt collection & recovery, legal support services and credit risk management since 1993.
If you are doing business with small to medium sized companies and providing them with a credit facility of anywhere between $5,000 to $150,000, then an ASIC business name search and company search is extremely important. We will discuss steps you can take to reduce the risks of being swindled by corrupt operators and unreliable directors due to their limited personal experience. This article is not personal advice, simply a discussion paper. As a consumer or small business owner, you need to ensure that your interests are protected when you deal with other businesses. Good business ethics requires you to know certain information about the business you are forming a business relationship with and seek confirmation that the credit application … Continue Reading →