Debt Collection Agency in Port Elizabeth – COLLECT A DEBT PTY LTD
Collect A Debt Pty Ltd is a premier debt recovery agency in Port Elizabeth offering effective Debt Collection services in South Africa, established in 2009, operating on a "no collection, no fee" basis, with accolades from the Businesswomen’s Association and membership in ADRA.
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Company description
About Collect A Debt Pty Ltd – Debt Collection in South Africa
Collect A Debt Pty Ltd is a leading debt collection agency in Port Elizabeth, specializing in comprehensive debt recovery services across South Africa. With over a decade of industry expertise, the firm delivers efficient, ethical, and professional solutions for client cash flow management.
Proven Results
Collect A Debt has gained recognition through prestigious awards, including the Regional Business Achiever Award and a Special Recognition Award from the Council for Debt Collectors. These accolades underline the agency's commitment to excellence in debt collection services. Additionally, membership in the Association of Debt Recovery Agents (ADRA) and other reputable organizations further establishes the firm’s credibility in the industry. As a preferred provider for major short-term insurance companies in South Africa, Collect A Debt consistently demonstrates its capability in commercial debt recovery.
Our Process
The firm’s process begins with a structured Memorandum of Agreement, ensuring transparency and compliance. Clients benefit from a smooth, integrated debt recovery approach.
- Clients sign a Memorandum of Agreement outlining commission rates and terms.
- Submit necessary debt documentation for processing.
- Issuance of letters of demand, followed by tracing and debtor calls.
- Conduct personal visits if required to establish payment agreements.
- Escalation to in-house legal proceedings for non-compliance.
- Regular updates and performance reports are provided throughout the cycle.
Meet the Team
Under the leadership of Managing Director Riana Ferreira, Collect A Debt employs a dedicated team of 25 professionals boasting a combined 163 years of experience. The agency was established in 2009 and is renowned for its comprehensive, tailored approach to debt recovery. Riana’s pivotal role and her service on the National Council for Debt Collectors add significant strategic value.
Services & Industries
Collect A Debt offers a wide array of services, including professional recovery of unpaid invoices, tracing solutions, and international collections, allowing them to effectively serve the financial and real estate industries, among others. Their in-house legal department ensures all facets of debt recovery are expertly handled without outsourcing, affirming their position as a leading debt collection attorney in Port Elizabeth. For further context, see Debitura’s South Africa debt‑collection guide, which outlines local regulation and best practises.
PRICING MODEL
Collect A Debt Pty Ltd offers its debt collection services on a contingency and commission-only basis, ensuring no upfront or fixed fees for clients. Featuring a transparent pricing model, clients benefit from the no collection–no fee policy, paying only upon successful recovery. The pre-agreed commission rates are determined by the age of the debt at handover: 10% for debts overdue by 30 days, 15% for 60 days, 20% for 90 days, 25% for 120 days, and 30% for 150 days. These fees cover all standard collection activities, including tracing, field efforts, and necessary legal actions within designated jurisdictions, such as Port Elizabeth and surrounding areas.
No separate fees for tracing or administration are charged, as these services are integrated into the commission structure. Legal actions outside specified courts require consultation with Collect A Debt's legal department. Fees apply only to capital recovered after handover, and direct payments from debtors post-handover incur the same commission. Detailed terms, VAT treatment, and formal payment processes are included in the Memorandum of Agreement. Clients receive monthly progress and new account reports, with commissions deducted upon receipt of funds. Request a detailed quote.
Process
For businesses seeking efficient debt recovery solutions, Debitura offers an advanced platform that connects claims with vetted local experts for prompt, country-specific action. Operating in 183 countries, Debitura ensures comprehensive service coverage. In South Africa, clients benefit from a no-cure-no-pay model, minimizing financial risk until successful recovery. The country guide provides crucial insights about conditions like statutory interest rates and collection timelines, aiding strategic planning for debt collection. Explore opportunities with a dedicated debt collection agency in South Africa or learn more in the South Africa debt-collection guide. Discover the extensive resources of the Africa debt-collection network to enhance your recovery processes.
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Top-Rated Debt Collection Agency in South Africa
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