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Debt Recovery for Businesses

With a focus on transparency and communication, we keep our clients informed throughout the debt recovery for businesses process, providing regular updates and guidance. Whether you are a small business or a large corporation, our team is dedicated to helping you recover outstanding debts and improve your cash flow.  

British Pound Notes

OUR FEES FOR DEBT RECOVERY 

UNDEFENDED CLAIMS

​Sending letter before action inviting settlement negotiations and threatening court proceedings or a winding up petition

Enquiries, ie:  land registry searches; bankruptcy searches; enquiry agent

Application for summary judgment or strike out of claim

Preparation work presenting a winding up petition including work to and attending first hearing

Statutory Demand (excluding personal service fees which vary between £375 - £750 plus VAT)

20% of debt value if settled at this stage

£85

£250

£1,850

£175

DEFENDED CLAIMS

Case review and advice on prospects

All preparations to trial:
 

  • up to £3,000.00

 

  • £3,001.00 - £7,000.00

 

  • £7,000.00 - £10,000.00

 

  • £10,000.00 -£25,000.00

 

  • Over £25000

Drafting applications

Variation of judgment

Setting aside judgment

Post first hearing work

Small Claims Trial representation

Fast and multi track trial representation

£85

​
​​

 

£350​

​​​

£700

 

​£850 - £1500

 

​£250 per hour

 â€‹

£250 per hour

£250 per hour

£200

£250

£250 per hour

£500

£1400-£2250

Application hearings and enforcement of judgement:

setting aside judgment

summary judgment 

charging order

attachment to earning

removal of charge

oral examination

warrant of execution

order for sale

final case review

£500

£750

£895 (plus an extra £150 per additional property

£200

£120

£200

£200

£250 per hour

£55

KEY STAGES & TIMESCALES

Response / payment to initial letter before action

Defended cases to trial

3 -5 WEEKS

3 - 12 MONTHS

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