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Debt recovery

Unpaid debts have a negative impact on businesses. When you’re looking for swift and effective solutions our debt lawyers can help.

Debt recovery is essential to the continuation of any business. Your debtors are your investors. It is important to be clear to your customers about the need for timely payment.

What is debt recovery?

Debt recovery is an important aspect of financial management, encompassing the task of reclaiming funds owed to you by customers who have, unfortunately, fallen behind on their payment schedules. This multifaceted process involves employing strategic measures to recover outstanding debts and restore financial stability. Successful debt recovery requires a balance of communication, negotiation, and, if necessary, legal intervention to ensure the timely settlement of outstanding financial obligations.

How we can help

 Our experienced team of debt recovery lawyers collect on a wide range of debt types including consumer, commercial, asset based finance and debt purchase.

Whether your business has a large volume of debts to recover, or has ad hoc debtors, we understand that collection of payments is a top priority for many businesses.

We deal with all aspects of commercial debt recovery for clients including asset and invoice financiers, insolvency practitioners, businesses and individuals. Our services include:

  • Telephone collections
  • Producing and serving demand notices
  • Chasing calls
  • Credit management
  • Negotiation and mediation
  • Enforcement

Ledger Collection Service

We provide insolvency practices and the companies they represent, the resources needed to collect the payments they need to survive. We fast track their invoices, minimise the distraction of trying to collect old debt, track disappearing debtors, take the necessary legal action and discuss options to those who can’t pay now.

Ledger or book debts might hold a considerable amount of old or abandoned debt that could turn around a struggling business.

Meet the team

Our debt recovery experience


The cost varies depending on which stages we need to go through to recover your debt. We work on a fixed fee basis, and our fees can range from £50 – £500 plus VAT. This is exclusive of court fees.


VAT is charged at a rate of 20%.  
A formal letter before action is sent to the debtor threatening legal proceedings if the debtor fails to make payment within the number of days permitted (usually 14 days).  For a fixed fee of £50.00 plus VAT, we will send a letter before action to the individual or organisation that owes you money. Providing we receive your instructions before 4.00pm, Monday-Friday we will process your letter before action that same day. Interest is claimed under the ‘late payment of commercial debts (interest) act’ for each qualifying debt (currently 8% above the Bank of England base rate) and compensation is claimed at the following rates:  
Qualifying debt  Value compensation
Up to £999.99 £40.00
From £1,000 to £9,999.99 £70.00
Over £10,000 £100.00
If, after receiving the LBA, you would like us to liaise with the debtor and negotiate payment terms, before you commit to issuing court proceedings, we will undertake this work at our standard hourly rate of £165+VAT for letters in/out, telephone calls, e-mails etc. between ourselves/yourselves, the debtor and any other party.
If the debtor does not respond to the LBA or you are not able to negotiate your payment terms and you wish to commence court proceedings, we will charge you the fixed court fees and fixed solicitors costs (which are determined by the value of the claim) referred to below.
Debt (Inc Interest & LCP) Court fee Fixed costs
Up to £300 £35.00 £50.00
£301- £500 £50.00 £50.00
£501- £1,000 £70.00 £70.00
£1,001- £1,500 £80.00 £80.00
£1,501- £3,000 £115.00 £80.00
£3,001- £5,000 £205.00 £80.00
£5,001- £10,000 £455.00 £100.00
£10,001- £200,000 5% of the value of the claim £100.00
Over £200,000 £10,000 £100.00
When a claim is deemed served by the court the debtor has 14 days to respond/defend. At this stage we charge an hourly rate of £120 for letters in/out, telephone calls emails etc. between ourselves/yourselves, the debtor, the court and any other party. This correspondence may often include trying to negotiate settlement terms either before or after a defence is filed. If a defence is filed, we may decide with your instruction, to refer the claim to one of our solicitors in our dispute resolution team. This will be determined on a case-by-case basis and the solicitor acting on your behalf will discuss costs and risk when instructed.
If the defendant fails to file an acknowledgement of service or defence, we can then enter judgment for which you will be charged the fixed costs referred to in the table below.
Amount Of Judgment Fixed Costs
£25- £5,000 £22.00
Over £5,001 £30.00
If the debtor fails to pay the judgment debt you may then proceed to enforcement.  There are various methods of enforcement, the costs, advantages and disadvantages of which we can discuss with you on a case-by-case basis.

Bailiff / High Court Enforcement / Court Order

This can take approximately three weeks. The High Court Enforcement apply for Writ of Control and write to debtor giving seven days’ notice to make payment, failing which an officer will make an attendance. Below are the fixed court fees and costs you will incur:
Amount Of Judgment Court Fee (Non Vatable) Fixed Costs
£25- £600 £100.00 £2.25
*£600+ £71.00 £51.75
*High Court Enforcement Officer’s charges are usually recovered from the defendant, if they pay in full.  If no monies/possessions received by the High Court Enforcement Officer, then an abortive charge of £75.00 plus VAT is usually incurred.
Our costs are exclusive of court fees.

How we made a difference

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If you have a question or need advice, please let us know how we can help.