How much will my debt recovery cost?
There is a set-up fee for all matters of £75 + VAT (at 20%).
If we recover all or part of the amount outstanding, the following charges are applied:
On the first £1,000 claimed 10% On the next £500 claimed 5% Thereafter 1%
How long should my debt recovery take?
This is determined by many factors including whether the claim is defended. However, an acknowledged and undefended, straightforward claim should complete within 12 weeks.
What do we do?
For our up front fee we will:
Are there any additional charges?
There may be additional charges, as not everything is usual or straightforward. If additional work is required, and it will incur further costs, we will discuss with you why it is necessary and what options may be open to you before agreeing a fee for that work or carrying out the additional work.
The most common extra charges are for:
If a case is defended, and you wish us to proceed, charges are then levied at our normal hourly rates, currently £125 (+ VAT at 20%) per hour for a Legal Assistant and £220 (+ VAT at 20%) per hour for a Senior Solicitor.
All charges, as set out above, are payable in addition to any sums which we may recover from the Debtor for fixed costs.
Who will do my work?
Your work will be carried out by one of our team. Usually the person who provides you with your personalised quote.
They will be your main point of contact and are there for you throughout the transaction.
Our legal advisors include qualified Solicitors and a Debt Recovery Legal Assistant with years of on the job experience. Our website will tell you more about our individual legal advisors.