Originally Posted by LarsJ
Collection agency and web hosting just doesn't mix. New laws make it much harder since the Obama administration has been around...
what a load of bull.
If you have a legitimate business and someones owes you money you have the legal right to employ a collection agency to collect monies owed to yo, no matter what country they are from.
The point of International Collection agencies is that you deal with 1 agency in your own country and this agency will deal with any agencies in the country the debtor is from. This method is more expensive as you have to pay fees for more agencies.
before appointing any collection agencies you have to weight up the costs and see if it is worth chasing the debt.
In the UK we first send out an LBS (Letter Before Action), this gives the debtor 14 days to pay the debt.
We use Express Debt Collection who deal with all the process from LBA automatically
their charges are as below
Debts under 3 months 5% To a maximum charge of £250 final notice stamp
Debts 3 > 6 months old 10% To a maximum charge of £500
Debts over 6 months old 10% To a maximum charge of £750
International Debts 15% No Maximum
so nowhere near the 50% wh-coach say these agencies charge