THIS REFERS TO THE CAPTIONED ACCOUNTTHAT WE HAVE ASSIGNED TO OUR DEBT COLLECTION AGENCY ON 1 APRIL 2009.
WE WISH TO ADVISE THAT THE COLLECTION AGENCY FEE IS CHARGED AT 30% OF THE TOTAL OUTSTANDING BALANCE OF HK$10000 AS AT THE DATE OF ASSIGNMENT. THE AGENCY FEE STATED ABOVE HAS BEEN WORKED OUT BASED ON THIS FORMULA WHICH REPRESENTS OUR LOSS SUFFERED AS A RESULT OF YOUR DEFAULT OR WHICH WE ARE HOLDING YOU LIABLE.