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Debt recovery service

Fixed price debt recovery

Fixed price debt recovery

from £200 +VAT and court fees

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How it worksLegal Made Simple

Speak to a lawyer
Speak to a lawyer
Discuss your options
Discuss your options
Start the debt recovery process
Start the debt recovery process
How can I recover the money a client owes me?

Debt recovery is a major issue for many businesses and it can be a complicated and daunting process. We have broken it down into three easy steps and our lawyers can assist you at every stage.

In the first instance, you need to issue a solicitor’s letter before action. This letter is used to indicate to the debtor that you are prepared to commence legal proceedings for collection and enforcement of the debt.

What if this doesn't work?

The next stage is to issue a county court claim (CCJ) or a statutory demand. The debtor can then send Acknowledgement of Service or a Defence. 

If the debtor doesn’t respond, you can apply to the court to obtain a judgement in default. 

What if my debtor still doesn't pay?

If the debtor does not pay you after you obtain a CCJ or a statutory demand, you will need to take enforcement action.

There are several different options and the most appropriate one will depend on the specific circumstances and level of the debt. These can include:

  • High Court Bailiffs

  • Charging Orders

  • Third Party Debt Orders

  • Orders for Questioning 

What if I don’t want to pay a fixed fee upfront?

If you want to start the debt recovery process but don’t want to spend money chasing your clients, Conditional Fee Arrangements can be very helpful. Our solicitors will work on your case and only collect a fee of up to 25% of the final compensation you receive. Please let us know if you would like to discuss this option and our solicitors will provide you with all the relevant information upfront.

What's the process?

Submit your details and we'll connect you with the right lawyer who will provide you with a free 30-minute consultation.

During the consultation the lawyer will ask questions to get further information about your needs and provide you with a quote or a Conditional Fee Arrangment to start your debt recovery process.

What are the different stages?

Our solicitors will work with you at various stages depending on your requirements.

Stage 1

At Stage 1, our solicitors will

  • undetake appropriate searches on the debtor
  • draft a solicitor's Letter Before Action
  • issue a follow up call and letter to the debtor threatening a county court claim or insolvency proceedings

Stage 2

At Stage 2, our solicitors will

  • issue a county court claim or a statutory demand
  • apply to the court to obtain judgment in default where no Acknowledment of Service or Defence is received from the debtor

Stage 3

At Stage 3, our solicitors will

  • advise on the most appropriate and cost-effective enforcement methods based on the level of debt outstanding
What are the different fee levels?

Stage 1 - Fixed Fees

For claims:

  • up to £5,000, fees are from £200
  • between £5,001 to £10,000, fees are £400
  • between £10,001 to £50,000, fees are £550
  • between £50,001 to £100,000, fees are £950

Stage 2 - Fixed Fees

For claims:

  • up to £5,000, fees are from £250
  • between £5,001 to £10,000, fees are £450
  • between £10,001 to £50,000, fees are £650
  • between £50,001 to £100,000, fees are £975

Stage 3

Fees to be discussed on a case-by-case basis and will depend on the required method of enforcement.

 

*All fees are exclusive of VAT and court fees.

Letter Before Action
Letter Before Action
Drafting a solicitor's letter before action and issuing a follow up call to the debtor
from £200 +VAT
County Court Claim or Statutory Demand
County Court Claim or Statutory Demand
Preparing a County Court Claim or a Statutory Demand and filing of paperwork at the courts
from £200 +VAT and court fees
Enforcement
Enforcement
Advice on the most appropriate enforcement methods
from £250 +VAT and court fees

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