Debt Recovery Pricing
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.
Debt Recovery work is carried out on a fixed fee basis by our credit controller.
Our charges are as follows:
Amount of Debt
Our Fee & VAT.
£50.00 to £3,000.00
£150.00 & VAT.
£3,001.00 to £6,000.00
£195.00 & VAT.
£6,001.00 to £9,999.99
£240.00 & VAT.
£10,000.00 or more
Quoted on a case by case basis.
What our fee includes
The fee includes our letter of reminder for payment of your debt, or letter of claim sent to your debtor which complies with the Civil Procedure Rules Pre-Action Protocol, to include assessment of the case and discussion with you as to the best approach.
Where it is a ‘business to business debt’, we will add interest, assuming it has accrued and late payment of commercial debt compensation (LPCDC) which is between £40.00 and £100.00 depending on the amount of the debt.
If your debt is not recovered and or no response received from your debtor you may wish to issue County Court Proceedings which can be issued on your behalf on a fixed fee basis.
If a qualified solicitor completes this work for you or the debt is disputed our fee will be based on their hourly rate and the work involved to recover the debt.
We have an experienced team who can offer you clear, practical advice and will discuss all the options available to establish the most appropriate way of dealing with 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.