Our Expertise
We have many years experience in recovering debts large and small. We act for businesses of all sizes from sole proprietors to owner managed businesses and multinational Plc’s across a wide variety of industries, trades and professions. Whatever your business, whatever size you are, we will work with you to recover your debts.
Our Debt Recovery Service has been designed specifically to meet out clients requirements and to provide a service that will ensure you are put in the best possible position to recover any outstanding sums owed to your business.
Our Debt Recovery team work closely with our clients and should be regarded as an extension of your credit control department to ensure that there in continuity when approaching debtors to recover outstanding monies on your behalf.
The Debt Recovery team work as part of the commercial litigation and dispute resolution team which is led by Iain Lock, a Senior Partner.
How will we work for you
Letters before action
Before any legal action is commenced a letter before action must be sent to the debtor together with copies of the relevant unpaid invoices. The threat of legal action often results in the debt being paid. We attach a
debt recovery instruction form for you to complete and return to us together with copies of the unpaid invoices or statements. This can be done by fax.
Our charges for this stage of work will be £5.00 plus VAT for the letter before action. If the debtor pays any money upon receipt of the letter before action then we will charge a success fee as set out in our tariff.
Our Guarantee
If we receive your instructions before 3.00pm on any working day we guarantee that we will despatch the letter of demand to the debtor the same day. Should we fail to do this for whatever reasons we will not charge you for the letter but will ensure that it is sent the following working day.
Foreign Debts
When the debtor is an individual abroad or a foreign company it may be necessary to take extra steps to ensure that the proceedings are served correctly. We will advise you of the extra steps at the outset and the appropriate costs which are not included in the terms of fixed costs.
Disputed Debts
If the matter is disputed our work will be charged on our normal time cost basis. If we are instructed to work for you on this basis we shall send to you a copy of our standard client care agreement detailing our costs and we shall agree our costs at that time.
Undisputed Debts
If the debtor fails to pay upon receipt of the letter before action and the matter is undisputed we can commence legal proceedings on a tariff fixed cost basis.
Issuing Court Proceedings
Where possible we issue proceedings over the internet to ensure that legal proceedings are commenced as soon as possible and therefore to keep the pressure on the debtor to pay the outstanding indebtedness. If the matter is not in any way disputed we can issue proceedings on a tariff of fixed cost basis.
Our costs and the court fee are based upon those set by the court and are added to the debt. These will be paid by the debtor on a successful recovery. Where the debtor does not pay you will be liable for these charges. However these may be subject to change by the Department for Constitutional Affairs. If we make a successful recovery we will charge a Recovery Charge.
All court fees and other disbursements that we may incur must be paid in advance.
