debt recovery

We can help you recover unpaid business debts with proactive advice and assistance whether by sending formal correspondence, solicitors letters before action or by issuing county court proceedings.

  • Chasing correspondence
  • Sending letters before action
  • Issuing proceedings
  • Court orders
  • Defending actions
  • Advice and assistance for your business

Please contact us for further information by telephone for an informal conversation, or email details to us by completing our online enquiry form and we will call you back.

 

 

The costs involved for debt recovery can be hugely variable depending on several factors. The costs are affected by whether the debt is contested or uncontested and at what stage in the collection process we are able to collect the debt on your behalf.

The first stage of the process would be to issue the debtor with a letter before action at a cost of £400 plus vat.

If the debtor does not pay at this stage then the next step would be to issue proceedings at a cost of in the region of £850 plus vat.

If this then proceeds to court the court fee will be £455 for a claim up to £10,000 and our fees will be £2000 plus vat for the preparation and then £1700 plus vat to enable us to attend court on your behalf. It may be possible to recover some of your costs if you are successful, but this is not guaranteed.

Our fees are based on the amount of work and not the size of the debt. However, it should be noted that court fees differ depending on the size of the debt.

You are liable for all Court Fees payable in the process of recovering your debt and there are further Court Fees which you may need to pay such as to enforce the debt.