Helping with unpaid translation invoices!!! Do you think this might be true?
Thread poster: Henrik Pipoyan
Recently I received such an e-mail, see below:
Do you have lot of unpaid invoices that clients are unwilling to pay? The translation business is tough and competitive one, but it is a lot tougher when clients don't pay invoices. Take a look at ... where you can submit unpaid invoices for free debt collection. You don't pay any start-up fee or start-up percentage. The recovered money is sent directly to you, not to Debta. 84% of the invoices Debta sends out for collection are paid within 30-60 days. Just the act of involving a third party can be enough to make debtors pay.
You work hard to earn your money. Let us work to collect it for you.
Debta - International Debt Collection
Has anyone heard about them? I wonder if this is not one of the bad tricks. Though I don’t see anything in this message that could be used against me, I am a bit concerned that the service is free. Is it possible that they might be building a site and sending such messages only for verifying operational e-mail addresses, for selling them or sending spam?
[Edited at 2006-07-03 09:14]
[Edited at 2006-07-03 10:03]
| || || |
| Of course it's not FREE || Jul 3, 2006 |
If you take the time to read their terms you will see:
The client agrees to pay Debta its full commission of 10% on accounts collected.
One more of these misleading e-mails. Such companies know that most clients - unfortunately - do not take the time to read the terms and conditions of cooperation.
| | Ralf Lemster
Local time: 04:03
English to German
| Use the forum search || Jul 3, 2006 |
Has anyone heard about them?
May I suggest to use the forum search for earlier discussions about Debta, in particular, this one.
Also, would you mind editing your post by removing e-mail address details and the link to the company's website?
| | Tim Drayton
Local time: 05:03
Turkish to English
| I was not impressed with them || Jul 3, 2006 |
In theory I think it is a good thing. I don't see what you have to lose from sending them unpaid invoices - the worst that can happen is you don't get paid, and you are in that situation anyway. I don't think that a 10% commission is unreasonable, either, given that you pay nothing if they don't collect.
However, I tried out this service some time ago. I sent an unpaid invoice, they sent me a cc of their e-mail to the debtor, and I never heard any more about it. Based on this experience, I personally would not bother sending another unpaid invoice to them.
| | Vito Smolej
Local time: 04:03
English to Slovenian
| If it's too good to be true, it's too good to be true || Jul 3, 2006 |
90 cents on a dollar? That's what I get charged using cash machines... btw, the site (no name mentioned, Ralf) has been suspended.
About those 5 agencies ... I assume their average BB score is 1 (ng)?
[Edited at 2006-07-03 10:27]
| | Samuel Murray
Local time: 04:03
English to Afrikaans
| Free as in "no upfront fees" || Jul 3, 2006 |
Henrik Pipoyan wrote:
I am a bit concerned that the service is free.
You get two types of debt collectors -- those that charge an upfront fee and those that don't. Both types usually also charge commission on the amount recovered (up to 30% is not unusual). I would have interpreted this e-mail you received as saying that there are no upfront fees and that you only pay the debt collector if you actually get something back from the client. There is nothing unethical about this.
That said, it might be worth your while to read their terms of service carefully.
Thank you for your input. Vito is right “If it's too good to be true, it's too good to be true”, but it turns out that it’s not that good, so it might be true.
And sorry for posting this question without checking the forum.
| | juvera
Local time: 03:03
English to Hungarian
| That's not all.... || Jul 8, 2006 |
Tim Drayton wrote:
I don't see what you have to lose from sending them unpaid invoices - the worst that can happen is you don't get paid, and you are in that situation anyway.
However, I tried out this service some time ago. I sent an unpaid invoice, they sent me a cc of their e-mail to the debtor, and I never heard any more about it.
You described an even worse situation, without realising it.
1. You send them the invoice.
2. They send an e-mail to the debtor and a cc to you.
3. The debtor gets cold feet and pays up to them.
4. You never hear any more about it.