Counter claim by Landlord and Agent

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PNGMK
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Re: Counter claim by Landlord and Agent

Post by PNGMK » Wed, 29 Jul 2020 12:08 pm

sndy wrote:
Wed, 29 Jul 2020 9:01 am
PNGMK wrote:
Tue, 28 Jul 2020 10:04 pm
You could pass the order to a debt enforcement agent. They can act in your absence to collect.
What do they usually charge around?
A % of the take - I'm guessing 20% to 33%. You don't pay them upfront - you assign the debt to them to collect and if successful they pass the balance onto you. Google debt collection singapore.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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sndy
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Re: Counter claim by Landlord and Agent

Post by sndy » Wed, 29 Jul 2020 1:20 pm

PNGMK wrote:
Wed, 29 Jul 2020 12:08 pm
sndy wrote:
Wed, 29 Jul 2020 9:01 am
PNGMK wrote:
Tue, 28 Jul 2020 10:04 pm
You could pass the order to a debt enforcement agent. They can act in your absence to collect.
What do they usually charge around?
A % of the take - I'm guessing 20% to 33%. You don't pay them upfront - you assign the debt to them to collect and if successful they pass the balance onto you. Google debt collection singapore.

Actually spoke to few debt collectors, all of them have upfront fees and around 20% once collection done which wont be worthwhile in my case since debt is <1000$.

Can police help in this?

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PNGMK
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Re: Counter claim by Landlord and Agent

Post by PNGMK » Wed, 29 Jul 2020 5:18 pm

sndy wrote:
Wed, 29 Jul 2020 1:20 pm
PNGMK wrote:
Wed, 29 Jul 2020 12:08 pm
sndy wrote:
Wed, 29 Jul 2020 9:01 am


What do they usually charge around?
A % of the take - I'm guessing 20% to 33%. You don't pay them upfront - you assign the debt to them to collect and if successful they pass the balance onto you. Google debt collection singapore.

Actually spoke to few debt collectors, all of them have upfront fees and around 20% once collection done which wont be worthwhile in my case since debt is <1000$.

Can police help in this?
No, it's a civil matter. I'm a bit surprised you can't find a collector who won't do it on no win, no fee.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

sndy
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Regular
Posts: 62
Joined: Fri, 26 Jun 2020 9:54 pm

Re: Counter claim by Landlord and Agent

Post by sndy » Wed, 29 Jul 2020 6:33 pm

PNGMK wrote:
Wed, 29 Jul 2020 5:18 pm
sndy wrote:
Wed, 29 Jul 2020 1:20 pm
PNGMK wrote:
Wed, 29 Jul 2020 12:08 pm


A % of the take - I'm guessing 20% to 33%. You don't pay them upfront - you assign the debt to them to collect and if successful they pass the balance onto you. Google debt collection singapore.

Actually spoke to few debt collectors, all of them have upfront fees and around 20% once collection done which wont be worthwhile in my case since debt is <1000$.

Can police help in this?
No, it's a civil matter. I'm a bit surprised you can't find a collector who won't do it on no win, no fee.
Yup that is true, let me know if you know of any...

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