First of all, the agency makes a bargain with the client to put a legal basis for future work onto the cases. They agree on the clauses such as the legal capacity of the agency, number of the cases, order of the reporting et cetera. In addition to all of this, the debt collection company
provides analysis of trade documents in default to calculate the amount which will be collected and the potential probability of the collection for each case. This is the basis for the success fee, which the client pays for the successful work of the agency.
Actually, you need to pay attention, that CIS DRS asks for it only in case of successful collection. This is the “no win, no fee” principle. But this is not our only advantage. We will talk about them later.