PDF Version: Printer Friendly Version
Adding collections costs
This can be simply achieved by incorporating the following into your terms of trade;

"In the event where your overdue account is referred to a debt collection agency and/or law firm, you will be liable for all costs which would be incurred as if the debt is collected in full, including commission on collection of the additional costs and also including legal demand costs".

How Prushka Calculates Commission

Prushka calculates commission for achieving one hundred per centum recovery, using the following formula

Commission {Orignal Debt E.g. A $2000 debt at a commission rate of 25% = $2,758.62 to be recovered

$2,758.62 X 27.5% commission (includes 2.5% GST) = $758.62 payable to Prushka

$2,758.62 - $758.62 = $2000 returned to client (One hundred percentum recovery)

For more comprehensive details on this, Click Here
Prushka does not warrant that it will be successful in collecting the costs and commission charged on monies recovered.