We have vast experience and success in recovering debts in relation to Business and individual invoices, loans, and other debts as well as Landlord against Tenant debt recovery or Leaseholder debt recovery. We have also managed a large number of overseas debt recovery cases from Europe to Dubai to the USA. We support you through every stage of the recovery process.

We have simplified the recovery process and can offer various debt recovery packages to suit your needs. Our fees vary depending on several factors such as the value of the debt, the stage of recovery, whether the debtor defends claim and the course of action you wish to take should we decide to issue legal proceedings.

As a guide, please see our debt recovery fees below (which are subject to 20% VAT if based in the UK)

ENFORCEMENT

Request for default Judgement – failed to defend the claim.

Fee: £100.

Enforcement options. Depending on the value of the debt:

– Settlement Letter & Tomlin Order = £350
– Instructing bailiffs (CC or HC) = £300
– Attachment of Earnings = £350
– Charging order over property = £300
– Third party debt order = £350
– Statutory demand = £350
– Bankruptcy petition following Stat Demand (Individual debtors = £350
– Winding-up petition (Business debtors) = £350

EXCLSUIONS 

Defended debts. 

Should the debtor defend the claim, then we will need to review their defense and respond accordingly. This usually involves reviewing and submitting further evidence and documents. Disclosure, interim hearing for directions, bundle, and hearing. Our fee and that of counsel will be outside the package arrangement and subject to our standard quotations found here…xxxx

Potential extra costs:

UK Asset Search: Starts from £300

UK Process server and tracing per visit £120-250

In some circumstances, we may not be able to locate the debtor, for example if they have relocated and we may need to instruct our process server to carry out some research to gather more information on the debtor. 

Outside of Jurisdiction documents and fees: subject to country requirements all fixed fees once we understand the debt sum and location we will, provide the same. 

Mediation: Mediation is a process whereby the parties negotiate on settlement through a mutually selected independent person. The aim of Mediation is to help the parties come to an agreement they are both happy with and resolve the dispute between them. Arbitration is a similar process, however the difference is that their final decision is legally binding on the parties and cannot be challenged. Furthermore, once an arbitrator has made a final decision, you will no longer be able to take the matter to court. 

We would need to appoint an independent mediator, and we will discuss their fees with you should you choose this route as fees can vary. 

None Disputed Debts

Where the debtor has not disputed the debt, the process is slightly simpler as it does not require us to deal with a defense and enter lengthy negotiations with the debtor. 

We would still send the debtor a letter before action, and a follow-up email and consider with you any responses.

Pre-action letter and chaser/response

We will send the debtor an initial formal legal Letter before action. 

We will then follow up with an email if this is ignored and we will forward and advise you on any response. 

 FEE: £175 

Should we not receive a response from the debtor then we can consider issuing legal proceedings against them (see above for fees)

Alternatively, we can serve them with a Statutory Demand and make the debtor bankrupt or issue a winding-up petition if the debtor is a company. 

Our fees are listed above.

Please note that the fees listed above are a guide and they may vary depending on the matter, on a case-by-case basis. There may be additional fees subject to the nature and complexity of the case. We aim to be as transparent as we can be and we will ensure that you are made aware of all fees and costs involved, and that we have your instructions ahead of any work we undertake on your behalf.