Services for your business

Debt Recovery

We're with you every step of the way…

If you have a problem collecting money owed to you, we have the expertise to help . We will pursue your debts as quickly as possible in a cost-effective way, combining our knowledge and experience with our specialist case management software.

If the debtor does not pay the debt quickly, we will consult you on how far to pursue it and whether to litigate. If a court order is obtained and the debtor still fails to pay, we will enforce payment by the most appropriate means. Throughout the process, we will keep you informed.

In some server cases of commercial debt it may be appropriate to consider winding-up proceedings but we will always discuss these options with you

Our New Fixed Fee low cost debt collection scheme is a really cost effective way for you to collect multiple debts owing to your business. You can track and manage the debt recovery yourself on line by logging into our new Debt Interactive tracking system.

Low cost debt recovery

All fixed fees exclude VAT

Very often we find that a letter from a solicitor and the threat of legal action is enough to encourage a debtor to pay, so we’ll send this for you Free of Charge*. We’ll send the letter and report on response.

*or 5% of sum recovered (up to £2,500) if recovery made in response to our letter

If the letter is unsuccessful then we will issue a County Court Claim Form and report back to you with a response. If the Claim is successful and the debtor pays, these fees and disbursements are recoverable in full from the debtor, less VAT.

Debt up to:	Fees	VAT	Disbursements	Total
£300.00	£50.00	£8.75	£15.00	£73.75
£500.00	£50.00	£8.75	£30.00	£88.75
£1,000.00	£70.00	£12.25	£55.00	£137.25
£1,500.00	£80.00	£14.00	£65.00	£159.00
£3,000.00	£80.00	£14.00	£75.00	£169.00
£5,000.00	£80.00	£14.00	£85.00	£179.00
£15,000.00	£100.00	£17.50	£190.00	£307.50
£50,000.00	£100.00	£17.50	£310.00	£427.50
£50,000.00 +	POA	POA	POA	POA

The next step is to enter into a County Court Judgment and report on response.

£30.00 for Default Judgment

£55.00 for Judgment in acceptance of admission

The final stage is an Enforcement of Judgment by Instruction of Bailiff and reporting Bailiff Return._**

(Disbursements are recoverable in full in a successful claim where the debtor can pay)

	Fees	Disbursements	Total
Debt up to £125.00	£15.00	£70.00	£50.00
Debt over £125.00	£20.00	£70.00	£75.00
Sheriff Enforcement (£600 +)	£30.00	£50.00	£80.00

_{Any additional correspondence between the parties is chargeable at current charging rates. If a Defence is received the matter can be passed to our Dispute Resolution Department who will advise of possible costs and charging rates.}

_{* Please be aware that although every effort is made, we cannot guarantee recovery of your claim. Once litigation action has been instigated you will be liable to discharge all Legal fees whether we are successful or not. In the instance recovery is obtained from the debtor, the Legal fees recovered will duly be credited to you.}

_{** Alternative enforcement procedures are available and advice and costings can be supplied on request.}

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Client Testimonials

"It just goes for me to say thank you for your help and assistance and especially the advice in this matter and should A2Z have the need for similar services. We will certainly consider Banner Jones first " - A2Z computers, London

"If in future I need legal advice my preference will be with Banner Jones after such great service" - Mr Kingston

"The receptionist staff on both days we visited your office were extremely friendly and the whole experience of dealing with Banner Jones was wonderful" - T Howard

"All though you are now part of Banner-Jones, to me you are still Glossops, and the service we receive is part of why we have been with you for so many years." - Mr T Pass