Recover scrap trading losses... Partner with us to restore your capital.
3 steps to make impact
1 Report your case
Tell us about your situation to see how we can help you recover losses.
2 Review your case
Send us supporting documents to your case – we’ll take it from there.
3 Recover your money
Warn others about malpractices & stay informed every step of the way.
High Success Rate:
80% of cases are successfully resolved.
We operate worldwide.
Protection for All:
We help protect your business and others.
Submit your case
We use a mix of communication channels to reach optimal results, these include;
- Demand letters
- Manual/automatic calls
- Custom videos
Correspondence frequency depends on case value and our expert advice.
We aim to collect your overdue capital as soon as possible. Our amicable collection process lasts on average 30-60 days.
Keep updated with our pro-active case updates.
We always consult you on your options should we be unable to recovery your money in full. These options could be:
- Payment plans
- Legal action
- Insolvency procedures
If we are unable to collect your debt, we will provide a comprehensive summary and advise you of case closure.
Frequently Asked Questions
Yes, you have to be a Tradefox member to report your case on our platform, you can sign up for free at Tradefox and report your case on the dashboard feature ‘Praise & Report Companies’ once logged in.
No, reporting your case and getting your case assessed will be free of charge.
Depending on your case it’s standard practice that we receive all communications between you and the counterparty, proof of payment, a contract, bill of lading, an invoice, and other supporting documents.
Yes, after the quote and capital recovery agreement has been signed, we reach out to the counterparty to see if they are open to resolve the claim.
We give the counterparty 10 business days to respond, if they are reluctant we will flag their company profile on Tradefox and the collection process will start.
On average we recover your lost capital between 30-60 days depending on your case, this may vary.