As part of our commercial support to our business clients we offer a debt recovery service. Our aim is to provide an efficient and cost effective service. Our approach is pragmatic and commercially minded. We will advise you if, at any stage, our experience tells us that the debt is unlikely to be recovered so that you will not incur further costs.
Our charges are set out below:
LEVEL 1
Initial letter to debtor threatening court proceedings and dealing with any response.
£45.00 + vat
LEVEL 2
If the debt remains unpaid and you instruct us to issue court proceedings, the following fees will be charged instead of the level 1 fee (to include work up to obtaining judgement or receiving a defence).
| Value of debt | Fee |
| Up to £450.00 | £60.00 + vat |
| Between £450.00 and £1000.00 | £90.00 + vat |
| Over £1000.00 | £90.00 + 1.5% of balance over £1000.00 + vat* |
*% Will only apply to amounts recovered and if no monies recovered our fee will be £90.00 + vat.
LEVEL 3
To enforce judgement using any method
£45.00 + vat in addition to the level 2 fee.
LEVEL 4
If a debtor enters a defence to the court proceedings our charges will be on a time for time basis from this point in addition to the level 2 fees. This will be regardless of whether any monies are recovered.
For more information and if appropriate, a quote, contact Andrew.
Note: If you wish us to act on a debt you must send copies of any outstanding invoices along with copies of any correspondence with the debtor to the office.