RecovaDebt Limited

We specialize in recovering debts that other debt collectors have given up on.

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Summary info
Hourly Rate in $
0
Established in
2016
Type
Debt collection agency
Insurance
N/A
Employees
10
Company description

We are a full-service debt recovery agency. We offer B2B and B2C collection services on a no recovery, no fee basis.

Our debt recovery process involves engaging the debtor for amicable collection, negotiating a payment plan with willing debtors and monitoring compliance with the payment plan to completion.

With unwilling debtors, after preliminary contact and sending demand letters, we engage local lawyers on behalf of clients and work with them to recover and enforce judgments in local courts. The fees and costs charged by local lawyers are usually built into our fees.

We employ mainly lawyers and ex-staff of local banks with hands-on credit and debt management experience.


PRICING MODEL

We typically charge 10% - 25% on a no recovery, no fee basis for intra-state recoveries.

For inter-state recoveries, we charge 25% - 40% depending on the anticipated recovery challenges.

Services offered
Pre-legal debt collection
Debt enforcement
Legal debt collection
coverage
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Memberships and associations
Awards and certifications

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Top-Rated Debt Collection Agency in Nigeria
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