In the realm of international corporate marketplace, the protection of a B2B company’s Accounts Receivable Portfolio is paramount, especially when dealing with bad debts. This thesis delves into how DCI’s collection agency services play a pivotal role in safeguarding the financial health of businesses involved in the U.S.A. and Brazil International Oil and Gas Trade. The energy sector holds immense importance for both countries, with the USA exporting oil and gas equipment to Brazil, while Brazil reciprocates with the export of crude oil and petroleum products to the USA. This symbiotic relationship not only ensures energy security but also fuels economic growth.
The Integral Role of International Trade
The international trade partnership between the U.S.A. and Brazil has evolved into a central component of the B2B sector. It fosters economic growth and energy security through the exchange of oil and gas products and services. In this landscape, DCI stands out as the foremost choice among collection agencies, providing unparalleled support.
Chapter 1: Oil and Gas Subindustries
Within the U.S.A. and Brazil International Oil and Gas Trade, various subindustries thrive, each contributing uniquely to energy production and economic development. DCI extends its exceptional collection agency services to these subindustries, ensuring that they are shielded from the detrimental effects of bad debts. Below, we present ten oil and gas subindustries along with concise synopsis of their roles in the U.S.A. and Brazil International Trade Sector:
1. Oilfield Services Companies
- Oilfield services companies provide critical support to oil and gas exploration and production activities.
2. Petroleum Refineries
- Petroleum refineries are responsible for processing crude oil into various petroleum products, including gasoline, diesel, and jet fuel.
3. Drilling and Exploration
- Drilling and exploration companies play a pivotal role in discovering and extracting oil and gas reserves.
4. Natural Gas Transportation
- Natural gas transportation companies ensure the efficient movement of natural gas from production fields to end-users.
5. Offshore Oil and Gas Production
- Offshore production involves extracting oil and gas from beneath the ocean floor, often in deepwater locations.
6. Petrochemical Manufacturers
- Petrochemical manufacturers produce a wide range of chemicals and plastics derived from petroleum products.
7. Energy Equipment Suppliers
- Energy equipment suppliers provide machinery and technology necessary for oil and gas operations.
8. Renewable Energy Integration
- Companies in this subindustry focus on incorporating renewable energy sources into traditional oil and gas operations.
9. Pipeline Construction and Maintenance
- Pipeline companies build and maintain the vast network of pipelines used for oil and gas transportation.
10. Environmental Compliance and Safety
- Environmental compliance and safety firms ensure that oil and gas operations adhere to environmental regulations and prioritize safety.
Chapter 2: DCI’s No-Recovery, No-Fee Service
DCI offers a compelling proposition to companies in the U.S.A. and Brazil International Oil and Gas Trade – a no-recovery, no-fee service. This model ensures that businesses only incur charges when DCI successfully recovers their money, alleviating financial burdens. DCI’s rates are competitive and structured to benefit clients.
The Three-Phase Recovery System
To provide comprehensive debt recovery solutions, DCI employs a three-phase recovery system tailored to meet the specific needs of each case:
Phase One:
Within 24 hours of placing an account, the following will happen:
- The first of four letters are sent to the debtor via US Mail.
- Cases undergo skip-tracing and investigations to obtain the best financial and contact information on debtors.
- Collectors attempt to contact debtors and seek resolutions through various communication channels, including phone calls, emails, text messages, and faxes.
Expect daily attempts to contact debtors during the first 30 to 60 days. If all attempts to resolve the account fail, DCI advances to Phase Two, where the case is immediately forwarded to one of our affiliated attorneys within the debtor’s jurisdiction.
Phase Two:
Upon our office sending your case to a local attorney within our network, you can expect the following:
- The receiving attorney will immediately draft the first of several letters to the debtor, on his law firm letterhead, demanding payment of the debt owed to you.
- The receiving attorney or one of his staff members will immediately start attempting to contact the debtor via telephone, in addition to the series of letters. If all attempts to reach a conclusion to the account continue to fail, we will send you a letter explaining the issues surrounding the case and what we recommend for the next and final step.
Phase Three:
DCI’s recommendation will be one of two things:
- If, after a thorough investigation of the facts surrounding the case and of the debtor’s assets, we determine the possibility of recovery is not likely, we will recommend closure of the case. You will owe nothing to our firm or our affiliated attorney for these results.
- If our recommendation is litigation, you will have a decision to make.
If you decide not to proceed with legal action, you will have the option to withdraw the claim, and you will owe our firm or our affiliated attorney nothing. You may also choose to allow us to continue to pursue the debtors with standard collection activity (calls, emails, faxes, etc.)
If you decide to proceed with legal action, you will be required to pay the upfront legal costs such as court costs, filing fees, etc. These fees typically range from $600.00 to $700.00, depending on the debtor’s jurisdiction. Upon payment of these funds, our affiliated attorney will file a lawsuit on your behalf for all monies owed, including, but not limited to, the cost to file this action. If DCI’s attempts to collect via litigation fail, the case will be closed. You will owe nothing to DCI or our affiliated attorney.
DCI Collection Rates
DCI’s collection rates are designed to cater to clients’ needs and are outlined based on the number of claims submitted:
Submit 1 through 9 claims within the first week of placing your first account:
- No recovery, no charge.
- If DCI does collect, the contingency fee is as follows:
- 30% of the amount collected on accounts under 1 year in age.
- 40% of the amount collected on accounts over 1 year in age.
- 50% of the amount collected on accounts under $1000.00.
- 50% of the amount collected on accounts placed with an attorney.
Submit 10 or more claims within the first week of placing your first account:
- No recovery, no charge.
- If DCI does collect, the contingency fee is as follows:
- 27% of the amount collected on accounts under 1 year in age.
- 35% of the amount collected on accounts over 1 year in age.
- 40% of the amount collected on accounts under $1000.00.
- 50% of the amount collected on accounts placed with an attorney.
For clients submitting 25 or more claims within the first week, DCI offers customized contingency fee options. Contact us at 855-930-4343 to inquire about these alternatives.
Chapter 3: A Strong Recommendation
In closing, we strongly recommend considering the third-party debt recovery services of DCI, also known as Debt Collectors International, before pursuing litigation or engaging an attorney. Our proven track record, no-recovery, no-fee service, and competitive rates make us the ideal partner for safeguarding your B2B accounts in the U.S.A. and Brazil International Oil and Gas Trade.
Contact Us
For more information and to benefit from our services, please visit our website at www.debtcollectorsinternational.com or call us at 855-930-4343.
