All fees are based on net collections made on your behalf by CYB. Industry standards
demonstrate that 50% or more of the delinquent individuals or companies who owe
you money - once contacted by a collection company - will make payment directly
to you, the original creditor. It is important that you report such payments promptly
The only time that collections are considered illegal is when a collection company
continues to pursue someone who has already paid their bill. Once you report a payment
to CYB, you must pay the collection fee via this website or by mail.
When CYB makes a collection on your behalf, you can choose to be paid either electronically
to your company bank account, or via check accompanied by a detailed statement for
all collections made.
We are confident that CYB is the most cost-effective Collection Company you
will find anywhere to collect your business debts.
Terms & Conditions
Delinquent accounts that have never before been placed with a professional collection
agency or collection attorney.
Delinquent accounts that another collection agency or collection attorney has previously
attempted to collect on your behalf. (We cannot accept any accounts that have been
previously placed with more than one collection agency or collection attorney).
Please remember to correctly identify secondary placements when you place your accounts.
Debts owed by another business to your business.
Debts owed by an individual person to your business.
Debts owed by an individual to a healthcare provider.
Our fees are as follows:
If a Lawsuit is Necessary
CYB is structured to handle any kind of account - from simple collection through
judgment and judgment execution. When simple collection efforts fail to produce
results, litigation may become necessary. In addition to CYB's own national staff
of attorneys, we utilize many of the best collection attorneys in the country. Because
we provide these attorneys with a large base of business, we receive special attention
and excellent results on your accounts. Our collection system tracks all accounts
placed with attorneys and requests updates on a consistent basis. By requesting
these updates, we are assured of the attorney's continued involvement in each case.
This allows us to more effectively protect your interest on any suit.
CYB will never litigate an account without your prior consent.
Once you authorize us to begin litigation, we will commence the action against the
delinquent account. All litigated accounts are billed at a fee of 50% of the amount
recovered plus court disbursement costs. Court disbursements are the fees charged
by the process-server to serve the summons and complaint. A fee is also charged
by the court to purchase an index / document number. Currently, the disbursement
fees do not exceed $600.00.