|
|
|
|
FEES & RECOVERY TO ESTATE |
|
As with other respected and experienced professionals, A·S·K may not be the lowest cost service provider. We have invested over
$700,000 in our proprietary software and are the most experienced firm
in avoidance litigation. Nevertheless, because our analysis and
litigation expertise is superior, we expect our collection ratio to
exceed competitive firms by 10%. The table below demonstrates that
net proceeds will be higher with A·S·K than a competitor
quoting a 5% lower fee.
COMPARISON OF FEES & NET PROCEEDS
| Collection Ratio |
60% |
50% |
10% |
|
Preference Claims
$10,000,000 |
|
Gross Proceeds |
$6,000,000 |
$5,000,000 |
$1,000.000 |
|
Fee Rate |
25% |
20% |
5% |
|
Fees |
$1,500,000 |
$1,000,000 |
$500,000 |
|
Net Proceeds |
$4,500,000 |
$4,000,000 |
$500,000 |
|
|
We work on a contingency fee and advance all costs, including
filing fees. Whether rates are flat or decrease on a sliding
scale based on the collection amount, our overall fee is
rarely over 25% in engagements where gross transfers exceed $10
million. Even in smaller cases our overall fee is seldom more
than 30%. As we do all the analysis there need not be
the additional costs of accounting professionals that may otherwise
be needed to support other professionals. |
| |
|
|
Copyright © 2011 - All Rights Reserved. |
