COLLECTION INSTRUCTION FORM Baycorp Baycorp Co
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People also ask
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What happens if you don't pay BayCorp?
If you do not pay and fail to contact us, you may incur fees and interest and your credit record may be impacted. We may also commence enforcement action. We are available to assist you from 10.30am – 7pm (Auckland time) Monday to Friday.
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How much does it cost to use Baycorp?
How much does it cost to use Baycorp to collect my overdue accounts on the online Client Portal? There is a one off $50 plus GST fee to open an account. Once the account is opened, each debt loaded is $7.50 plus GST for Online Clients only.
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How much does it cost to use a collection agency?
Contingency Collections Most collection agencies offer contingency collection plans where you only have to pay the fee when the agency recovers revenue on your behalf. The contingency rate is a percentage of the dollars recovered. Most companies charge anywhere from 20% to 50% contingency on dollars recovered.
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Is Baycorp a debt collector?
With over 60 years of experience, Baycorp has the knowledge to help your business recover outstanding debts. At Baycorp we work hard to deliver for businesses of all shapes and sizes. Our skill is in finding a way through the problem, sorting it out and helping people get closure.
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What percentage does Baycorp take?
On all payments recovered from your debtor in NZ, there is a 25% plus GST commission charged. On all payments recovered from your debtor overseas there is a 30% plus GST commission charge.
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What happens if I don't pay BayCorp?
If you do not pay and fail to contact us, you may incur fees and interest and your credit record may be impacted. We may also commence enforcement action. We are available to assist you from 10.30am – 7pm (Auckland time) Monday to Friday.
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Does it cost to use national debt relief?
National Debt Relief's settlement fee is 25% of the total enrolled debt, though some states cap fees as low as 15%. Here's how the settlement fee works: If you enroll in debt settlement with $10,000 in credit card debt, and you're able to settle for $5,000, you'll pay a settlement fee of $2,500 (25% of $10,000).
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Can I send a debt to collections?
If you have a customer who hasn't paid what they owe, you may consider sending them to collections. Sending someone to collections is when you ask a debt collector to help get money that hasn't been paid. This is a serious action that can have major consequences for your customer.
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