Five stages
Timings below are ranges based on typical commercial files, not commitments. Recovery timelines depend on the debtor, the jurisdiction, and the quality of the underlying documentation.
- 01
Placement and review
You execute a placement agreement and submit the file through our secure onboarding process. We verify the obligation is commercial in origin or supported by a judgment, confirm the balance against your documentation, and check the claim against the applicable statute of limitations or judgment expiration date.
Typically 2–5 business days from receipt of complete documentation.
- 02
Asset and entity investigation
Before contact, we establish who and what we are dealing with — whether the debtor entity still exists, who controls it, whether it has dissolved or continued under a successor name, and what it appears to hold. This shapes everything downstream.
Typically 1–3 weeks depending on the number of jurisdictions involved.
- 03
Demand and negotiation
Formal written demand followed by direct telephone contact with the party authorized to resolve the balance. Most files that resolve, resolve here. Settlement stays within the authority you set at placement; anything outside it comes back to you first.
Typically 30–90 days of active work.
- 04
Legal referral, when warranted
If the debtor will not resolve voluntarily and investigation shows reachable assets, we recommend referral to licensed counsel in the debtor's jurisdiction. You approve every referral before it happens. Counsel handles all court process from that point forward.
Varies entirely by court and jurisdiction.
- 05
Recovery and remittance
Recovered funds are reconciled, contingency is applied per the placement agreement, and the net is remitted on a defined schedule with a statement showing how each figure was derived.
Remittance on a defined cycle set in the placement agreement.
When we recommend referring a file
Referral is a spending decision, so it is yours to make. We recommend it only when every one of these is true, and we say so plainly when a file does not meet the bar.
- The debtor has failed to resolve voluntarily after documented demand
- Investigation identified assets or income that enforcement could realistically reach
- The balance justifies the anticipated court costs and counsel time
- Documentation would survive a challenge on the merits
- The claim is within the statute of limitations, or the judgment is current and unexpired
- You have approved the referral in writing
Who pays for what
Contingency fees
Charged as a percentage of amounts actually recovered. A file that recovers nothing generates no fee. Current schedule: [RATE PENDING].
Court costs and filing fees
Separate from contingency and payable by the client. These arise only on files referred to counsel, and only after you have approved the referral. Estimated costs are provided before referral, never after.
Investigation
Included in contingency placements. Available as a separately priced standalone engagement where you want to evaluate a file before placing it.
Ready to place a file?
Start with the placement form. We will follow up to confirm documentation and execute an agreement.