N a t i o n a l  S e r v i c e s  a n d  T a r i f f s

The services offered by BBM Abogados consist of a set of comprehensive and integrated collection services, which include, among other, the following:

•  Extrajudicial collection:

BBM Abogados tries to collect the debt through friendly contacts and negotiations. To achieve this, BBM contacts the debtor directly, demanding, on the client's behalf, full payment of the amount owed, including interests. These services include the necessary preparation of all written agreements and contracts and the effective recovery of the debt owed.

The fees for this service are charged purely on a success basis, applicable to the effectively collected debt amount, therefore incentivising a favourable end-result.

•  If the debtor is based in Spain , the fees charged by BBM Abogados are based on the following scale:

Up to 6.010 Euros: 12% fee

From 6.010 Euros and up to 30.050 Euros : 10% fee

In excess of 30.050 Euros: 5%.

In case that extrajudicial collection fails, a flat rate of 30 Euro will be charged to close down each file.

•  Judicial collection:

This option represents the initiation of legal proceedings against the debtor, in Spain demanding full payment of the amount owed, including interests.

As a law firm, BBM Abogados advises the client on the convenience of wether to initiate the appropriate legal proceedings, although leaving the client with the final decision, and keeping at all moments the client informed of any developments during the proceeding.

In each legal proceeding, the service tariffs will be competitively negotiated on a case by case basis.