Fee schedules

It is your choice as to what option you want to choose to instruct us.

Updated 10.3.14

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. (You pay any applicable registration fee but that will be added to the debt to be repaid by your debtor).

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 correct tab at the foot of this spreadsheet for the relevant option you want to choose. The billing options are shown below.

You can make your own choice of which option you prefer but

we highly recommend our options 2 through 6 

as we pay all District Court Costs and solicitor fees

associated with the first enforcement of Court orders on these options. It now costs a minimum of $375.00 to enforce any Tribunal or District Court order via a collection company. These costs are added to debts, however, either you or us have to pay these costs upfront. So pick your choice of option carefully.The Ministry of Justice are just about to change all their enforcement options on 14.4.14.

Please note if you don't have a Court order (e.g. a debt for unpaid services or products supplied by you) we can help you get one when and if needed. The legal processes involved can be found here.

All options also cover the costs of tracing and approaching and making demands on your debtor - except Option 1.

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

$30 + 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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OPTIONS 2-6  COVER THE COST OF THE FIRST ENFORCEMENT IF WE DECIDE THAT THIS IS APPROPRIATE

(i.e. Enforcement = District Court processes after gaining a Tribunal or District order/judgment)

You will still need to register a debt on one of the below options 2-4 for matters that requires separate action(s) that are not purely debt collection, (e.g. Initiation of legal processes to sue your debtor(s),  Statutory Demand on Companies or legal document service),

as we will endeavour to recover your debt at the same time. We will quote separately for these services.

OPTION 2 - no minimum debt size

 

The most preferred option for C.I.A.

$160 + G.S.T. registration per debt or per debtor if you want us to actively pursue joint debtors. 

25% plus G.S.T. commission  of anything that is recovered 

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OPTION 3 Minimum debt size $3000

$80 + G.S.T. registration per debt or per debtor if you want us to actively pursue joint debtors. 

30% plus G.S.T. commission  of anything that is recovered 

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OPTION 4  - no minimum debt size

$80 + G.S.T. registration fee per debt which is payable to register the debt

40% plus G.S.T. commission of anything that is recovered 

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OPTION 5 –  Minimum Debt $1000

 50% Plus G.S.T. commission of anything that is recovered No registration fees on this option

On this option CIA reserves the right, not to enforce the debt via the District Court

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OPTION 6 –  Debt Collection cost cover plan for tenancy matters

"Insure" your future costs of debt recovery - pay from only $1.50 inc.GST per week per tenancy agreement

See more here

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OPTION 7 - You pay enforcement costs when required -- no minimum debt size

$40 + G.S.T. registration fee which is payable to register the debt 

 40% + G.S.T. commission of anything that is recovered

Enforcement costs can vary from $375 -$540 per debt/debtor

If you don't have a pdf format reader you can download a free reader from Adobe's website here Adobe Acrobat Reader

 

 

 

 

 

 

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