123 Debt Solutions
Affiliate Program
Fixed Fee Affiliate Program
Affiliate Earning Examples - Fixed FeeThis document will explain how 123 Debt Solutions Introducer Program operates and should be used alongside the latest Fee Schedule which will explain the fees due on each type of case.
Individual Voluntary Arrangement's (IVA's)
The introducer logs in to the private control panel. He/she provides the details of the client and at this point a new client is added to your control panel. Once we receive the client's details we will attempt to make contact with the client at the specified time period. The purposes of which is to carry out a fact find. In accordance with our best practice and advice code we will advise the client of the best solution to suit their personal financial circumstances. At this point the 'Acceptance Fee' is due (usually 4-48 hours after introduction of client to 123 Debt Solutions). Full Breakdown
If an IVA is proposed a pack is immediately dispatched in order for us to obtain further information.
The client's supporting documents are collected in and a viability assessment made. If the client is in a position to propose an IVA then the case is put forward to an Insolvency Practitioner. At this point the 'Case Fee' is due (usually 9-14 days after introduction of client to 123 Debt Solutions).
To summarise:
| Fee Element | Expected Within (Min-Max) |
| Acceptance Fee (All Viable Cases) | 4-48 Hours |
| Case Fee (If Successful) | 9-14 Days |
Highlights
- Quick and easy transfer of clients by our online reporting software.
- Prompt & reliable payments by BACS or Cheque (Fortnightly).
- Earn fees from all viable cases regardless of whether they are successful or not.
- Case fee payment in full as soon as the IVA is proposed.
- Full online reporting via our administration system and/or by email.
Please note acceptance fees are non-refundable and are incurred when the case is accepted by 123 Debt Solutions Ltd's senior advisor.
Case Fees are only due if the case is successful, on acceptance of the case by the Insolvency Practitioner.
Individual Voluntary Arrangements
| Type | Fee Stage | Amount (Min-Max) Per Lead |
| IVA @ £12,500 - £15-000 | Acceptance Fee (All Viable Cases) | £50 |
| IVA @ £15,000-£25,000 | Acceptance Fee (All Viable Cases) | £75 |
| IVA @ £25,000+ | Acceptance Fee (All Viable Cases) | £100 |
| First 10 IVA Cases Accepted | ||
| IVA @ £12,500+ | Case Fee (If Successful) | £100 |
| First 50 IVA Cases Accepted | ||
| IVA @ £12,500+ | Case Fee (If Successful) | £150 |
See : Earning Example