Business Debt Collection
Recovery of overdue receivables through debtor tracing, negotiation, and structured legal collection support.
Scope of Work
Our Business Debt Collection service includes management of overdue receivables, formal communication with debtors, review of contracts and invoices, verification of claims, assessment of financial capacity, and development of a tailored recovery strategy for each case. The service may also include negotiated settlements, debtor tracing where required, and coordination with legal professionals to initiate judicial or enforcement proceedings when voluntary payment is unsuccessful. All work is conducted within a structured legal framework designed to protect the company's rights, reduce losses, and improve cash flow.
Requirements
To begin, we require the debtor company's details, the outstanding amount, copies of relevant contracts or purchase orders, invoices, proof of delivery, and any previous correspondence relating to the claim. Our team may also request additional information regarding the history of the business relationship, any available guarantees or security, and any specific contractual obligations in order to build an accurate and appropriate recovery strategy.
Estimated Timeline
The timeline depends on the nature of the case, the value of the debt, and the debtor's level of cooperation. Amicable recovery may take from several days to approximately two weeks, while cases requiring legal or procedural follow-up may extend for several weeks or longer depending on the applicable procedures. An initial timeline estimate is provided after the case has been reviewed and its complexity and risk level assessed.
Service Fees
A case opening fee of is required to activate the request and begin the recovery process. This fee is refundable if no meaningful progress is achieved in the case. In addition, a success fee is charged as a percentage of the amount successfully recovered, based on the schedule below. In selected cases or for certain clients, the case opening fee may be waived subject to our internal assessment and the nature of the matter.
| Recovered Amount | Success Fee |
|---|---|
| Recovered amount below USD 5,000 | 35% |
| Recovered amounts between USD 5,001 and USD 20,000 | 33% |
| Recovered amounts above USD 20,000 | 30% |
How to Get Started
To begin, submit the details of your claim through Nomakkin's Debt Collection form and attach the supporting documents. Our team will review the case, determine the appropriate recovery strategy, confirm the applicable fees and success-fee structure, and begin the process once you approve the proposed plan.
Business Debt Collection FAQs
Everything you need to know about recovering overdue receivables and managing financial claims.
Client Testimonials
Businesses that recovered overdue receivables and strengthened their cash flow.
We had outstanding receivables that had remained unpaid for almost a year, and our own attempts to resolve the matter had failed. Nomakkin took over the case and handled the negotiation professionally. Within less than two weeks, they helped us reach a settlement and recover the outstanding amount in full. Their fee structure was also clearly explained from the beginning, which gave us confidence throughout the process.
The Nomakkin team made a real difference to our company's cash flow. We had several overdue amounts involving suppliers and contractors, with repeated delays and excuses. The team reviewed the contracts and invoices, built a clear recovery strategy, and followed up consistently until payments started coming in. Communication and reporting were clear at every stage.
Working with Nomakkin on our outstanding receivables was straightforward and professional. They were able to trace debtors who had changed their contact details and locations, and achieved strong results within a relatively short period. Their approach to negotiation also helped us recover funds while preserving important commercial relationships where possible.