Definition
After a case is successfully recovered, money must flow from the party who received payment to the other parties involved. The Standard Debt Collection Agreement (SDCA) defines who keeps what, when funds must be transferred, and what obligations the Client retains if the Debtor bypasses the Collection Partner.
Disbursement timing
When the Debtor pays the Collection Partner, the Collection Partner must disburse the remaining balance to the Client within 30 business days of recovery.
Before disbursement, the Collection Partner deducts:
The agreed success fee
Any interest and late payment fees collected from the Debtor
Other applicable fees paid by the Debtor (bank fees, VAT)
The Client receives the recovered principal amount minus these deductions.
Interest and late payment fees retained by the Collection Partner
All late payment fees, interest charges, and other legally permissible costs added to the principal amount are payable by the Debtor and retained entirely by the Collection Partner. This includes fees and interest that accrued before the case was submitted to Debitura. For details on fee types, see Additional fees and charges.
Direct payments to the Client
Sometimes the Debtor pays the Client directly rather than paying the Collection Partner. This may occur because of local regulations or simply because the Debtor uses existing payment details.
When the Client receives a payment directly from the Debtor:
The Client must inform the Collection Partner in writing within 3 days of receipt.
The Collection Partner then issues an invoice to the Client covering the success fee and any fees that would have been charged to the Debtor.
Receipt of the principal amount by the Client does not cancel the Client's obligation to pay the Collection Partner.
Invoice due dates and late-payment consequences
When the Collection Partner invoices the Client (for example, after a direct payment), the following terms apply:
Obligation | Term |
Invoice payment deadline | Within 10 days of the invoice date |
Interest on overdue amounts | 12% per annum from the due date |
Additional late payment fee | 10% flat fee if unpaid for more than 30 days past due |
If the Client fails to pay within 10 days, interest accrues daily at 12% per annum. If the invoice remains unpaid for more than 30 days past the due date, the Client also owes an additional flat fee of 10% of the invoiced amount, payable alongside all accrued interest and the outstanding balance.
Impact by actor
Client
Receives the recovered principal minus the success fee and Debtor-paid charges within 30 business days (when the Debtor pays the Collection Partner).
Must notify the Collection Partner within 3 days if the Debtor pays directly.
Remains liable for the success fee and applicable charges even after receiving direct payment.
Must pay invoices within 10 days to avoid interest and late fees.
Collection Partner
Deducts the success fee, interest, late payment fees, and other applicable charges before disbursing funds to the Client.
Retains all interest and late payment fees collected from the Debtor as additional compensation.
Issues an invoice to the Client when the Debtor pays the Client directly.
Must disburse the remaining balance within 30 business days of recovery.
Debtor
Pays the principal plus any legally permissible interest, late payment fees, and charges.
May pay either the Collection Partner or the Client depending on local regulations or instructions received.
Where to find this in the platform
Collection Partners: View payment records and payout calculations in Partner Balance.
Clients: Configure where disbursements are sent in Bank Accounts.
If anything in this page conflicts with the Standard Debt Collection Agreement (SDCA), the SDCA is the legally binding source of truth.