- Stage 1
- Emails, calls, texts, letters
- 5-15% commission of the invoice/s value
Example: Commission of £50-£150 will be charged on a £1,000 invoice
- Maximum commission is £10,000
- Stage 2
- Letter before action
- Up to +1% added to Stage 1 commission
Example: Additional commission of £10 will be applied, bringing the total cost to £60-£160
- Maximum additional commission is £100
- Stage 3
- County Court Judgement application; court action; subsequent collections as required
- 30-50% commission of the invoice/s value
Example: The total cost for collecting the £1,000 invoice would be £300-£500
- No maximum commission
At every stage, Chaser Collections is 100% no-win no-fee
Create a Chaser account today to start using Chaser Collections.
The minimum value for escalation is £500.
Your account manager will advise when an invoice should be moved to the next stage.
You have no obligation to continue with the escalation past Stage 1.