Debt Recovery
Need to recover a debt? We can help you
Sometimes a letter from a solicitor is all it takes ...
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 cases it is appropriate to consider bankruptcy proceedings against an individual, or winding-up proceedings if the debtor is a company. We will discuss these options with you.
Our Fixed Fee debt collection service is a really cost effective way for you to collect debts owing to you
Stage 1
Send a Solicitors Letter before action and report on response at no initial cost to you. £0.00*
*or 5% of sum recovered (up to £2,500) if recovery made in response to our letter
Stage 2
We'll issue a County Court Claim Form and report on response.
(If the Claim is successful and the debtor pays, these fees and disbursements are recoverable in full from the debtor.)
|
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 |
|
Over £50,000.00 |
£POA |
POA |
POA |
POA |
Stage 3
We'll enter a County Court Judgment and report on response.
£30.00 for Default Judgment
£55.00 for Judgment in acceptance of admission
Stage 4
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 (Debt over £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.
Client Testimonials
"The service I received couldn't have been better! " - Mrs C, Chesterfield
"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
"I would like to put on record my great appreciation of the efficient manner in which you have dealt with the estate. At all times you have been so helpful and your advice when things seemed to be falling apart has minimised my stress level." - Mr S, Sheffield
""I am very grateful for all your efforts and a very satisfactory result. I cannot thank you enough for a first class service and I will happily recommend you to my friends and family" " - Mr W, Nottingham
Fixed Fee Debt Recovery Service
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