Our expertise and service

We have experienced lawyers in each of our four offices who can help clients recover monies owed to them.  The qualifications and experience of the key contacts in each office can be seen by clicking here and then on the individual lawyer’s name.

We would encourage you to telephone and speak to one of our lawyers. They will talk to you to find out details of the debt owing to you, provide a quote of our likely fees, explain the process involved in recovering the debt and how long it is likely to take. This advice will be tailored to the circumstances of your particular case.

The information set out below is specifically for debt recovery for businesses where the amount owed is up to £100,000.

What are the costs likely to be?

These costs apply where your claim is in relation to an unpaid invoice which is not disputed and 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 (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.

Debt Value Our fees Court fee
Up to £10,000 Up to £250 plus VAT From £35 up to £455
From £10,000 up to £50,000 Up to £750 plus VAT 5% of the value of the claim
From £50,000 up to £100,000 Up to £1,500 plus VAT 5% of the value of the claim

 

Please note however that:

  • In addition to the above fixed costs (which are based on debt value), our identity verification costs are £40 plus VAT;
  • The VAT element of our fee cannot be reclaimed from your debtor;
  • Interest and compensation may take the debt into a higher banding, with higher costs (our fees and the court fee);
  • The court fee is payable to the court (not Bower Bailey), although we would pay it on your behalf;
  • The fees quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.

What work do the above fees include?

  • Taking your instructions and reviewing documentation;
  • Undertaking appropriate searches;
  • Sending a letter before action;
  • Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing claim.

Further action

We charge a further fixed fee of £50 plus VAT for:

  • Where no acknowledgment of service or defence is received, applying to the court to enter judgment in default;
  • When judgment in default is received, writing to the other side to request payment;
  • If payment is not received by the date set out in the judgment, providing you with advice on next steps and likely costs.

How long is it likely to take?

Matters usually take 3 – 12 weeks from receipt of instructions from you to receipt of payment from the other side, depending on whether or not it is necessary to issue a claim.  This is predominantly because of the volume of work the court (called the CCMCC) has to process and the administration time involved.  This is on the basis that the other side pays promptly on receipt of judgment in default. If enforcement action is needed, the matter will take longer to resolve.