Thank you for looking at our Debt Recovery services. Debts can arise in all walks of life and we regularly advise and assist businesses and individuals alike.
The bulk of our debt recovery instructions come from businesses across various sectors. With many years of experience and strong expertise in litigation both in and out of court, our debt recovery service is fast, efficient and economical.
We have an experienced team who can assist you with recovering both disputed and undisputed debts. This page covers our pricing for undisputed debt recovery – please get in touch to find out more about our fee structure for pursuing disputed debts.
We pride ourselves on exceptional customer care enabling you to send out the right message and retain the goodwill of your customers whilst recovering any outstanding payments. The work will be carried out by a qualified solicitor with many years' litigation experience.
We can offer you clear, practical advice and will discuss all the options available to establish the most appropriate way of dealing with your debtors. We have tried and tested processes in place to ensure we can recover undisputed debts quickly, efficiently and cost-effectively, with transparent fixed fees.
We appreciate that the fees involved in debt recovery are important to you. We review our fees on a regular basis, considering client feedback, to ensure that we continue to offer a cost-effective debt recovery service.
We typically work on a fixed fee basis, so that from the outset you know what the fees will be for each stage of the matter.
You should note that although the court fee will be added to the debt in the event that court proceedings are commenced and you may also be able to claim a modest amount towards your legal costs, you are unlikely to recover the full amount of your legal costs in cases of this nature.
You may be able to claim interest on the debt and if you are a business seeking to recover a debt from another business, you may also be able to recover statutory compensation under the Late Payment of Commercial Debts regulations.
Our fees are fixed and include items detailed above, however there may be factors which would typically increase the cost of the fees. Where there is likely to be any additional cost, we will make sure you are informed of this at the earliest opportunity and a clear estimate of those extra costs will be provided.
Stage 1 – Letter Before Action
Stage 2 – Commencement of Court Action
Please note that to issue a claim for money, the court fees are based on the amount claimed, including interest. Court fees range from £35 for debts below £300 to a figure representing 5% of the claimed amount for claims between £10,000 and £200,000. If the claim is commenced using the money claims online system, which is sometimes appropriate, then the court fees will be slightly lower than those shown below.
Court Fee (July 2018)
Our Fee – Stage 2 (plus VAT)
£301 to £500
£501 to £1,000
£1,0001 to £1,500
£1,501 to £3,000
£3,001 to £5,000
£5,001 - £10,000
£10,001 - £200,000
5 % value of claim
Stage 3 – Request judgement in default