Debt Recovery
We offer an efficient and cost effective means of recovering unpaid commercial invoices. Details of our fees for undisputed debts are set out below.
Letter of claim – £25 + VAT
This includes, where appropriate:
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taking your instructions and advising on the best course of action for debt recovery
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carrying out any necessary investigations such as Companies House checks
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sending a letter of claim which may include additional claims for interest and compensation that you may be entitled to.
Issuing Court Proceedings
If payment is not made or an agreement is not reached with the debtor, you may wish to take further action. We can then prepare and issue court proceedings on your behalf. Our fixed fees for this work depend on the value of the debt claimed.
Applying for Judgement
If the debtor fails to respond to the court proceedings an application can be made to the court for judgment on your behalf. Our fixed fees for this work are set out below.
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Debt amount up to £5,000 (inc. VAT) - fixed fee £25.00 (exc. VAT)
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Debt amount of £5,000.01 - £100,000 (inc. VAT) - fixed fee £35.00 (exc. VAT)
Enforcement
There are a number of options available for enforcement of a Judgment, we will discuss the most suitable option with you and advise you of the costs involved.
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Disputed Debts
If the debtor chooses to defend your claim we will act on your behalf and advise you on the possible costs involved and the best way of proceeding with the claim.
Alternatively if a claim has been made against you for a debt which you think you should not have to pay we can provide advice and representation in defending a claim.
The costs relating to a defended claim will vary depending on the complexity of the dispute.