We are a specialist team who have years of experience in providing debt recovery services to businesses of all sizes. We have a firm professional approach and a solid knowledge of business debt collection to help you re
The costs set out below apply where your claim is in relation to an unpaid invoice for a specified sum that is not disputed, and where enforcement action is not needed. If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee basis (e.g. if a one-off letter is required), or at an hourly rate if more extensive work is needed.
The steps and timescales set out below are those which apply to a matter that does not have particular complications. If your matter does have such complications, we will always inform you immediately and will discuss the potential consequences both in respect of the chances of success and the potential costs.
There are 2 main stages within the debt collection process:
If stage 1 is unsuccessful it may be necessary to issue court proceedings which is Stage 2
We will send a Letter Before Action within 3 working days of receiving your formal instructions. Matters usually take 2-3 weeks from receipt of instructions from you to receipt of payment from the other side.
Where Stage 1 and Stage 2 are required judgment in default or on admission usually takes 6 – 8 weeks from receipt of your formal instructions. If the debtor pays promptly following judgement this takes one to 2 weeks thereafter. If enforcement action is needed, the matter will take longer to resolve. If enforcement is needed we can discuss further costs with you. The costs set out for Stage 1 and Stage 2 do not include enforcement proceedings.
Please note that the fees outlined below are also subject to VAT at 20%.
Debt Value up to £1,000
Stage 1 – £120
Stage 2 – £250
Debt Value £1,001-£5,000
Stage 1 – £170
Stage 2 – £350
Debt Value £5,001-£10,000
Stage 1 – £220
Stage 2 – £450
Debt Value £10,001 – £25,000
Stage 1 – £270
Stage 2 – £550
Debt Value £25,001 – £50,000
Stage 1 – £300
Stage 2 – £600
Debt Value over £50,001
Stage 1 – £350
Stage 2 – £750
For debts of over £100,000, or where the debt is disputed, please contact our team of experts on 01743 248545 or email@example.com for a bespoke quotation.
If Stage 2 is required there is a fee payable to the court for the issue of court proceedings. The fee depends on the value of the debt and can range from £35 for a debt of £300 to 5% of the debt in claims of £10,000 or more. For more information on the level of fees imposed by the courts, click here.
Considering you had to step in & take up our file at short notice following the collapse of our initial solicitors firm, we are extremely grateful of your professionalism, friendliness & quality.
Victoria was very polite & made me feel at ease as I was nervous to start. She talked me through everything so that I understood what was what.
Christine was very approachable & helpful throughout a difficult transaction
Please complete the form below to get in touch with us. Your message will be answered promptly and discreetly by a member of our team. You can also contact us by email at firstname.lastname@example.org if you prefer.