Business to Business Debt Recovery Service
Recovering unpaid invoices
When you are trying to recover unpaid invoices it is important that you receive expert advice to suit your circumstances which will ensure that you have a better chance of recovering the money.
We do not provide a fixed fee service as we find that our clients require a bespoke service.
We charge on an hourly rate depending on which lawyer is carrying out the work.
We have set out below the court fees that you may incur if your case proceeds to court. We handle the payment of the court fee on your behalf to ensure a smoother process.
You should be aware that the VAT element of our fee cannot be reclaimed from your debtor in certain circumstances.
Our team and hourly rates
This is a range of hourly rates that apply which will vary depending on which lawyer is dealing with the matter, the complexity of the case and the value of the claim.
Our present hourly rates and the lawyers who carry out the work are:
Andrew Wand, Solicitor and Director £300 plus vat per hour
Gary Adams, Senior Solicitor £300 plus vat per hour
Sarah Stanyer, Solicitor £300 plus vat per hour
Louis Beglan, Solicitor £200 plus vat per hour
The service includes
- Taking instructions and reviewing documentation.
- Advising on a best course of action.
- Sending a letter of claim.
- Receiving payment.
- If the debt is not paid, drafting and issuing proceedings.
- Where no acknowledgement of service and/or defence is received, entering judgment in default.
- If payment of the judgment is not received within 14 days, providing you with advice on next steps and likely costs.
If court proceedings are issued you will have to pay a court fee as set out below.
Court Fees
Value of claim Court fees
Up to £5,000 £35 to £205
£5,001 – £10,000 £455
£10,001 – £25,000 5% value of the claim
£25,001 – £100,000 5% value of the claim
Frequently asked Questions
- How long do I need to allow the debtor to pay before I issue legal proceedings?
We have a high success rate in recovering unpaid invoices without the need to issue legal proceedings. However, you must allow at least 14 days for the debtor to pay before you issue proceedings. This is extended to 30 days where the debtor is an individual.
- Can I charge interest on the debt?
Yes, in most circumstances in business to business transactions you can charge interest under the Late Payment of Commercial Debt Act 1998. Alternatively, where you have a contractual rate agreed this will apply or, once proceedings are issued and in the event no other rate applies then statutory interest under the court proceedings can be added to the debt. We will advise you in relation to this at the time of instruction.
- How long does it take to obtain judgment?
It usually takes eight to ten weeks from receipt of instructions to obtaining judgment.
- What happens if the debt is defended or enforcement action is needed?
If the matter becomes disputed or enforcement action is needed then we will contact you to agree the next steps.
Our Debt Recovery Team
When you instruct us you can rest assured that you are in safe and experienced hands and will receive an excellent level of service. Our Debt Recovery team has over 120 years combined experience in dealing with all aspects of debt recovery and litigation.
The Debt Recovery team are managed by Andrew Wand who is a Director of the Company. Please click on the Meet the Team box on the left to find out more about our Debt Recovery Team.
- Louis Beglan and other members of our litigation department.
Please contact us so that we can explain how we work and the service we offer.