Frequently Asked Question & Answare about Debt

At ICON Debt Solutions, we are happy to provide all the answers you need about our professional Vancouver liens, debt collection and Vancouver skip tracing services. Please read below for a few of our most frequently asked questions. Don’t see your question here? Contact the helpful team at ICON Debt Solutions for help.

FREQUENTLY ASKED QUESTIONS

Does ICON Debt Solutions charge a membership fee or require any up front costs to sign up?

There’s no cost to the customer to work with ICON Debt Solutions until we collect the money you are owed. We don’t require membership fees and there are no administrative set-up fees or other charges to worry about.

How do you collect on debts and collect information about customers?

There are many approaches we can take when working with clients on Vancouver debt collection and other financial matters. We typically utilize a combination of letters, phone calls, reporting to credit bureaus and in some cases, the filing of lawsuits, to help clients get the money they are owed.

How does ICON Debt Solutions make money?

ICON Debt Solutions charges a fixed commission rate on all services. Once we’ve collected on the debts you are owed, we deduct our profit as a percentage of the total amount collected.

How long do collection accounts show up on a credit report?

Collection accounts are subject to the standard seven-year time limit for showing up on credit reports, unless a judgment is obtained that prevents that from happening.

What are the chances of a lawsuit being filed in my situation?

As a third-party agency, we cannot file a lawsuit without the client’s prior authorization. However, if the debt is big and the debtor is being resistant to repayment, and if there is reason to be belief the debtor has vulnerable assets, we may recommend that a client proceed with a lawsuit. Keep in mind that if there are no assets or employment to speak of, then a lawsuit can simply end up being a waste of time.

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The Case against Patience in Debt Collection

Vancouver collection agency works as middlemen to collect your debt from the delinquent borrowers. The members associated with the debt collection service here put in all their effort to convince the borrowers and fetch the actual borrowed amount. The entire procedure of debt collection practices here is flexible. The collection agency understands your needs well. The perspective of collection agency Vancouver BC is based on the different funding option available to the particular individuals. On the other hand, the professional debt solutions rendered here has been of great help to the customers. It has enabled the individuals to file a builders lien in BC and get the appropriate debt collected. The collection agencies function smoothly for the quick collection of funds. The quality services rendered by these agencies have been of great benefit to the crowd. The custom-designed debt collection rendered here is hundred percent effective. It tends to easy collection of debts from the borrowers within a short time interval. Skilling dealings of the file builders lien here ensure better collection of the debts. Apart from the above, the purpose of these agencies is fulfilled with smooth operations. The services rendered here do not hurt the sentiments of the fund borrowers in any way.

The debt collection surrey is appreciable by a majority. It has been a beneficial choice for individuals. The hard work and focus of the professionals to provide professional debt help to the business works tend to provide fruitful end results. The innovative debt collection techniques utilized here is hundred percent effective. On the other hand, it does not harass the borrower. Moreover, making an effective choice for the services rendered here will enable you to collect your delinquent debt within a short time interval. The debt collection here perfectly satisfies the needs of impatient individuals. The professionals here ensure speedy help simultaneous with the quick recovery of funds. The effectiveness of the quality services rendered here is appreciable. It is worthy of every penny spent in its return. In addition, the effectual end results of the professionalized debt solutions will make you proud of your choice. These services are simply the best one which you should not miss out making a choice for. The debt solutions here come up with enormous utility. Besides, these services are convenient to opt. one can easily rely upon these without any hesitation.

Ethical Debt Collection: A Tradition of Excellence Centred On Respect

 

There are three simple codes of ethics in ICON Debate Solution Inc. Each of them is the essential guiding principles. Over here the professional debt helps one to teach how one must always be respected. The customer should always be given the best services. One should always give the best and excellent performance. This ethics should be taken care of in the offices so that customers get the best treatment.

The Code of Ethics Management

The major role of the Vancouver collection agency is to reinforce the importance of the code of ethics to each employee from new hire to team leader of the management. When you are in a corporate, you need to have some ethics towards your customers.

The Code of Ethics and Employee

From administration staff to everyone collection agency Vancouver BC we teach how to give respect to the employees, we teach how one should handle the task from the smallest task to the most difficult task. Whatever we do our services should be excellent and should be reflected in everything we do.

The Code of Ethics and Our Client

The major part of a company is that the company should respect its client. Over here we deeply respect our clients business and to be maximumly profitable. In the busy working day, we take some time for our clients and understand how their business is merged with us. Our clients brand reputation. Every client’s interaction should give the best customer service. At the end every single thing we do is for the success of our client.

The Code of Ethics and Debtors

At the time our job can be difficult and highly challenging and at times stressful but we make sure on each of the calls our agent makes sure gives respect to the individual. At times our agents are mandated to lead and respond with respect. Many times it happens that genuine respect is contagious. There is no single part of our work where there is no culture of respect. The professional debt solution has the best advice for the professionals.

The code of ethics has proven the trickledown effect. Several times it has happened that collecting money surrey lead to a new career in debtors and our collection agency surrey BC often lead to new clients.

Some Important Things You Should Know About Lien Holdbacks and Deficiency Holdback

The major thing to consider is the legitimate right is to set off a claim or to hold back funds payable by ignoring any issue arising under the Builders Lien acts construction defect does not give rise to deduct an estimate repair cost from amounts or payable. Some contracts allow for rights to set off or the right to holdback an amount on account of construction deficiencies even where the contract is silent. There are two major points to be taken not 1. The owner requires maintaining and holdback until the lien period is expired. 2. The act states that the lien fund shall not hold against the lien holder are applied to the completion of the contract or for any purpose other than the line. One should read these requirements and conclude that line black is simply not the available completion of deficiencies.

If the lien is claimed or to be claimed then line holdback is just another sum payable under the contract.  It also has the right to setoff may be exercised and taken into account to determine the actual amount payable.

In today’s world you could build your new home, and in the end, the result would be 100% complete without any incomplete or deficiency work. We know it is far different from the actual world where many different items of construction material and dozens of trade people are involved there are always incomplete or unsatisfactory item to be dealt with once your home is complete so Vancouver collection agency has the best collection to give a perfect look.

Some contracts expressly complete a deficiency holdback that is separated and added to line holdback. It happens that when refers to the point at times when your builder has completed all most of your work or in other words if you were to list and place a value on all of the deficient work the value of the work must be definitely less than the total contract value.

This allows your builder to pay his bill and provide you with the house.