Unpaid Debt: USA-China International Construction Materials Trade

In today’s globalized marketplace, the construction materials industry serves as a critical pillar of economic activity. The international trade relationship between the U.S.A. and China has seen this sector flourish, with both countries actively involved. This thesis explores the pivotal role of DCI’s collection agency services in protecting the value of a B2B company’s Accounts Receivable Portfolio within the U.S.A. and China International Construction Materials Trade. Throughout this examination, we will emphasize how DCI’s efficient debt recovery system empowers companies to focus on their core business operations while ensuring effective management of outstanding debts.

The Integration of U.S.A. and China International Construction Materials Trade in B2B

International trade between the United States of America and China has become an integral part of the B2B sector. Specifically, the construction materials industry has experienced substantial growth due to the complementary strengths of both nations. China serves as a prominent manufacturer of construction materials, while the USA stands as a significant consumer market. This dynamic interplay underscores the importance of timely debt recovery, which DCI specializes in, enabling companies to navigate this sector seamlessly.

DCI’s Prominent Role in the U.S.A. and China International Construction Materials Trade

DCI proudly occupies the position of being the number one choice of Collection Agencies within the U.S.A. and China International Construction Materials Trade Industry. Our comprehensive debt recovery services have consistently demonstrated their effectiveness in safeguarding the financial health of businesses operating in this sector.

List of 10 Construction Materials Subindustries in U.S.A. and China International Trade

1. Concrete Production: This subindustry focuses on the manufacturing and distribution of concrete materials, which are essential in construction projects.
2. Steel and Metal Fabrication: Steel and metal products are crucial components in construction, with both countries trading extensively in this area.
3. Building Materials Distribution: The distribution of various construction materials, including wood, insulation, and roofing, plays a pivotal role in the industry.
4. Cement Manufacturing: Cement production is a significant sector, with China being one of the largest cement producers globally.
5. Glass and Glazing: Glass products are integral to modern construction, and trade in glass and glazing materials is substantial.
6. Brick and Tile Production: The production and distribution of bricks and tiles contribute to construction projects in both nations.
7. Heavy Machinery and Equipment: The construction sector relies on heavy machinery and equipment, creating opportunities for trade.
8. Architectural Services: Architectural firms often collaborate on international projects, requiring financial stability through effective debt recovery.
9. Interior Design and Decor: Interior design and decor products are traded between the two countries for construction and renovation projects.
10. Environmental Solutions: Collaboration on environmentally friendly construction solutions and materials is an emerging trend in the industry.

DCI’s No-Recovery No-Fee Service and Competitive Rates

Throughout this thesis, we want to emphasize DCI’s unwavering commitment to its clients. We proudly offer a no-recovery no-fee service, which means that if we don’t recover your money, you owe us nothing. This policy underscores our confidence in our ability to recover outstanding debts efficiently. Additionally, we maintain competitive rates, making our services accessible and cost-effective for businesses of all sizes.

The Three-Phase Recovery System by DCI

To elucidate DCI’s approach to debt recovery, we present our comprehensive three-phase Recovery System:

Phase One: Immediate Action

Within 24 hours of placing an account with DCI, we initiate the following actions:

• The first of four letters are sent to the debtor via US Mail, emphasizing the urgency of debt repayment.
• Our team conducts skip-tracing and investigations to obtain the best financial and contact information available on the debtors.
• Our dedicated collector commences contact with the debtor, using various channels such as phone calls, emails, text messages, and faxes, to seek a resolution to the matter.

Our collector diligently attempts to contact the debtors on a daily basis during the first 30 to 60 days. If all attempts to resolve the account fail, we proceed to Phase Two.

Phase Two: Legal Intervention

Upon transitioning to Phase Two, we escalate the debt recovery process:

• The receiving attorney within our network drafts the first of several letters to the debtor on their law firm letterhead, demanding payment of the debt.
• The attorney or their staff members initiate telephone contact with the debtor, in addition to sending formal letters.

If all attempts to reach a resolution continue to fail, we provide you with a comprehensive explanation of the case’s issues and recommend the next steps.

Phase Three: Informed Decisions

In Phase Three, we offer two potential courses of action based on a thorough investigation of the case:

• Closure of the case: If recovery is deemed unlikely after a comprehensive assessment of the debtor’s assets, we recommend closing 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 can withdraw the claim, incurring no charges. Alternatively, you may opt to allow us to continue pursuing the debtors through standard collection activities, such as calls, emails, and faxes.

If you decide to proceed with legal action, you will be required to cover the upfront legal costs, including court fees, typically ranging 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 of filing this action. If our attempts to collect via litigation prove unsuccessful, the case will be closed, and you will owe nothing to our firm or our affiliated attorney.

Competitive DCI Collection Rates

DCI Collection Rates vary depending on the number of claims you submit:

For Clients Submitting 1 through 9 Claims within the First Week:

• No recovery, no charge.
• If we do collect:
  • 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.

For Clients Submitting 10 or More Claims within the First Week:

• No recovery, no charge.
• If we do collect:
  • 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. Simply call 855-930-4343 to inquire about these alternatives.

A Strong Recommendation

In conclusion, we strongly recommend considering the third-party debt recovery services of DCI, also known as Debt Collectors International, before resorting to litigation or seeking legal counsel. Our proven track record, no-recovery no-fee policy, competitive rates, and comprehensive three-phase Recovery System make us the ideal partner for safeguarding the value of your Accounts Receivable in the U.S.A. and China International Construction Materials Trade Industry.

Contact Us

For more information and to explore how DCI can assist your business, please visit our website at www.debtcollectorsinternational.com or call us at 855-930-4343.