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Ph: 0800 111 007
Fee schedules
It is your choice as to what option you want to choose to instruct us.
You don't pay our costs if your contract of supply or tenancy agreement says your debtor agrees to pay costs – we can add our costs to the debt.
If you want to know more about adding collection company costs to Tenancy Tribunal debts please read further here.
If you want to see the calculations of adding our collection costs to a debt click here You will have to pick the right tab in this spreadsheet for the relevant option you want to choose. The billing options are shown below.
Please note during the period of 2009 through 2012 the greater portion (87%) of all Tenancy Tribunal ordered debts were put back to the District Court under enforcement after we traced and approached debtors to get them to pay voluntarily. If debtors refuse to pay any District Court or Tribunal order voluntarily we must make enforcement applications in the District Court.
You can make your own choice of which option you prefer but we highly recommend our options 2 or 5 as we pay District Court Costs and solicitor fees associated with enforcement of Court orders on these options. The Ministry of Justice has just put up their filing fees on all enforcement fees as of 1.7.12. See attached schedule.
It now costs a minimum of $573.80 to enforce any Tribunal or District Court order. (updated 1.7.12). See why here. These costs are added to debts, however, either you or us have to pay these costs upfront. So pick your choice of option carefully.
All options cover the costs of tracing except Option 1.
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OPTION 1 - Debt Registration only - no active debt collection |
Registration of Debt – no pro-active tracing – debt will also be lodged on
Tenancy Information New Zealand Ltd – www.tinz.net.nz and Veda Advantage
$20 + GST registration per debt (i.e. per Court order)
25% + GST commission of anything that is recovered if debtor decides to pay us to clear default
You will need date of births for individuals on this option. If you don't have them please choose another option.
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OPTION 2 – on this option CIA pays all enforcement costs (first enforcement) - full collection, tracing and enforcement |
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The most preferred option for C.I.A. |
$250 + G.S.T. registration per debt or per debtor if you want us to actively pursue joint debtors.
20% plus G.S.T. commission of anything that is recovered
We will cover the costs of one enforcement process if we need to take this course of action
Current costs of enforcement for an order for examination amount to more than $573.80
(as of 1/7/11 order for exam $108.80, solicitor's document preparation $310, Solicitor's appearance at hearing $155).
So this is the best option in the light that 87% of all Tenancy Tribunals had to be enforced in the 2009/2012 period.
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OPTION 3 – No Registration fee but you are contracted to pay all enforcement costs (see here) if deemed necessary - no cancellation of contract is allowed unless you decide to assign the debt to us - full collection, tracing and enforcement |
25% plus G.S.T. commission of anything that is recovered
Please note - debts under $500 are given less resources under this option.
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OPTION 4 – you pay 50% of enforcement costs if deemed necessary - full collection, tracing and enforcement |
$125 + G.S.T. registration fee which is payable to register the debt
30% plus G.S.T. commission of anything that is recovered
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OPTION 5 – Minimum Debt $800 - RESULTS ONLY DEBT RECOVERY & ENFORCEMENT - full collection, tracing and enforcement |
We will cover the costs of one enforcement process if we need to take this course of action
50% Plus G.S.T. commission of anything that is recovered No registration fees on this option
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On this option CIA reserves the right, not to enforce the debt via the District Court |
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OPTION 7 – Debts under $800 you pay ALL litigation & enforcement costs if deemed necessary - minimal tracing undertaken |
$30 + G.S.T. registration fee which is payable to register the debt
40% + G.S.T. commission of anything that is recovered
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