PROCLAIM PROFESSIONAL CONSULTANCY was established to help companies effectively manage accounts receivables. They have over 50 years of combined experience in debt resolution and collection. They pursue debt collection within the law and with professionalism. Hiring them can save costs compared to using in-house staff for debt recovery. They are committed to prompt service, timely reporting, and pursuing all legal remedies to recover debts or make accounts current. Their commission structure is outlined, including fees for serving summons, delivering demand letters, preparing legal documents, and percentages charged based on amounts collected and time to closure. They promise not to collect cash and to issue payment directly to the client.
1. DEBT RECOVERY
PROCLAIM PROFESSIONAL CONSULTANCY was established to help corporate clients to more effectively and
economically manage their Accounts Receivables Portfolio. We believe that the expertise we possess will be of
assistance toyouin recoveringsumsowedtoyou,therebystrengtheningyourownfinancialposition.We recognize that
your clientsmayhave differentreasonsforallowing theiraccountstobecome delinquent:sometimesitisunwillingness
to pay; at othertimes,itmaybe temporaryfinancial hardshiporan over-extension of resources. Whatever the reason,
we are committed to pursue collecting from your clients within the ambit of the law and with the highest level of
professionalism.
The management team of PROCLAIM PROFESSIONAL CONSULTANCY consists of Paralegals and other Legal Experts.
Collectivelytheyhave over50 yearsof experience indebtresolutionandcollection.We are knowledgeable of all aspects
of the litigation and bailiff process and all the necessary steps to debt recovery.
Whyshould you use PROCLAIM PROFESSIONAL CONSULTANCYforyour debtrecovery program?
1. Cost Savings:
Most modernbusinesses,havingdecided toofferacreditfacilitytotheir clients, soon find that without
proper monitoring, an element of delinquency creeps into their credit portfolio. They then have to
eitherdivertexistingstaff to effect the recovery program, or hire additional personnel to perform this
function.Inthe firstsituation,the diversionof existingstaff results in a dilution of effort, often with an
attendant loss focus and productivity. In the latter situation, the effect of hiring additional staff is
evident in its impact on increasing the organization’s operating costs. We are able to deliver a more
serious service than a fully staffed collections department, at a fraction of the cost to maintain such a
department.
2. Commitment:
We are committedtoprompt andprofessional service withtimelyreporting to you of our activities and
a realistic time-line on the recovery of you money. We will disclose all the details regarding your
debtors’financial position.We will spare noeffortstoeffectdebtrecovery,andwillgive you up-to-date
information on our progress. We are knowledgeable of the various techniques to find the delinquent
customersandwill pursue all legal remediestoensure yourdebtoreither clear their debts and/or bring
their accounts up-to-date.
2. 3. PROCLAIM PROFESSIONCONSULTANCYis committedto delivera cost effective service toyou.Our
commissionstructure is very simple andis outlinedbelow:
DESCRIPTION COST
Servingof Summons $2,500.00 perserving(Kingston/Saint
Andrew &Saint Catherine)
Personal deliveryof DemandLetters $1,000.00 perserving(Kingston/Saint
Andrew &Saint Catherine)
Preparationof Summons,Particularsof Claim&Court
Appearance
$5,000.00 perDebtorplusCourt
Charges(costsare usuallyawardedby
the Court)
Commissionon the closure ofaccounts:
Accountsclosedwithin30days of receivingitfromyour
organization;
20% of amountcollected
Accountsclosedwithin60days of receivingitfromyour
organization
25% of amountcollected
Commissiontobringaccountup-to-date 20% of amountcollected
4. OUR COVENANTTO OUR CLIENT
NO cash will be collectedonyour behalf;
If the debtorspay by cheque,the cheque will be drawn out to your organization;and
Monthly/weeklyreportswill be submittedalongwith the actions taken.
We urge youto make PROCLAIM PROFESSIONALCONSULTANCY yourreceivablesmanagementteam.We are available
to meetwithyouat your convenience todiscussyourportfolio.
We lookforwardtoservingyou.
Yours truly,
PROCLAIMPROFESSIONALCONSULTANCY
PRE:……………………………………………..
Mr. Shaine A.GFitzgerald
MD/Legal SupportExecutive