Bierens has in-house attorneys who specialize in both extrajudicial and judicial international debt collection cases. Our lawyers and attorneys work on a contingency fee for out of court collections. During the judicial phase we work on an hourly fee or fixed price. Before taking legal steps we will always provide you with an honest advice on whether it is profitable for you to proceed with legal steps or not.
Please find below how we work and our legal fees.
|Debtor pays at the principal amount or less:||Bierens fee|
|Payment collected up to $25,000||20%|
|Payment collected between $25,000-$50,000||17.5%|
|Payment collected between $50,000-$100,000||15%|
|Payment collected greater than $100,000||12.5%|
|Debtor pays interests and costs on top of principal payment:||Bierens fee on principal payment|
|Payment collected up to $25,000||17.5%|
|Payment collected between $25,000-$50,000||15%|
|Payment collected between $50,000-$100,000||12.5%|
|On the excess||10%|
|Interest and costs collected stays with Bierens||Example: Principal collected by Bierens is $100,000 with 10% interest and costs totaling $110,000. Bierens fee including interest and costs is $20,000|
|Debtor pays $0||No fee|
|Disputed & Litigation Phase:||Hourly fee, or a fixed price|