By lodging a debt you agree to these charges and that NZC will utilise Tracking and any District Court enforcement options available. Our Prices may change depending on supplier charges and changes to our service.
Our costs are split into two categories: Debt Collection and Enforcement.
Debt Collection: Commission
Enforcement: District Court work, Tracking, administration work, lawyer fees, payout fees and any other charges that are not a commission for Debt Collection.
25% +GST of money paid by the debtor (Debts above $750)
40% +GST of money paid by the debtor (Debts Below $750)
Cancellation of debt: Full commission or a minimum of $750 depending on the amount of work NZC has done on the file.
Note: A $5 administration fee is charged each payout. Payouts are made quarterly.
Cancellation of debt: If you wish to cancel the debt lodgement, a $200+gst fee may apply or the full amount of the commission depending on the amount of work we have put into the file.
$ Amount added to debt: $23
Paid by client: $23
Payment received AFTER 30 days: NZC take the first $25 collected from the debtor as a late payment penalty so the price effectively increases to $50
Failure to pay: NZC take the first $50 collected from the debtor
$ Amount added to debt: $86.25c
Paid by client: $86.25c
Payment received AFTER 21 days: The commission charged will then change to the below rates: Debts $0 – $750 – 75%+GST | Debts $751+ – 50%+GST
$ Amount added to debt: $200
Paid by client: $80.50c
Paid by NZC: $150
Payment received within 21 days, client receives benefit of $150 worth of Lawyer Fees NZC will cover.
Payment received after 21 days, NZC take first $150 paid back from debtor being the $150 lawyer fee.
Payment received AFTER first payment from debtor obtained through the attachment order, commission changes to 50% and NZC will recieve the first $200 paid towards the debt.
These charges are due when we need to do administrative work outside what is involved in the typical collection process. A typical collection would not attract any extra administration. Because these charges are typically the fault of the creditors, they are not guaranteed to be added to the debt.
Changing creditor on the file $50+gst
Any other administration is charged at $150 +gst per hour
Choosing to pay invoices for Attachment Orders and/or Tracking by invoice $30 per month, paid by Direct Debit
Please view our terms for full prices