Debt Recovery

Unpaid invoices and money owed generally, can be a real headache have a significant impact on your daily life and/or business. Having expert advice on the most cost effective and timely solution available to you can help you quickly recover monies owed in order for you to continue with your life.

In the first instance our team will agree a fixed fee to review your case, starting at £100 +VAT in which we will take you through your case assessing the strengths and weaknesses of your case an writing a letter the debtor that is compliant with the relevant pre-action protocol.

Hopefully, a strongly worded legal letter will be sufficient to have the debtor settle the outstanding amount, however this is unfortunately not always the case. If this turns out to be the case the matter may need to proceed via the Courts.

If it becomes necessary to issue proceedings for recovery of an undisputed debt, the following Court fees will apply:

				Fee payable
Value of your claim				Court issued claim	Filed via SDT/MCOL
Up to	£300			£35	£25
Greater than	£300	but no more than	£500	£50	£35
Greater than	£500	but no more than	£1,000	£70	£60
Greater than	£1,000	but no more than	£1,500	£80	£70
Greater than	£1,500	but no more than	£3,000	£115	£105
Greater than	£3,000	but no more than	£5,000	£205	£185
Greater than	£5,000	but no more than	£10,000	£455	£410
Greater than	£10,000	but no more than	£15,000	5% of the value of the claim	4.5% of the value of the claim
Greater than	£15,000	but no more than	£50,000
Greater than	£50,000	but no more than	£100,000
Greater than	£100,000	but no more than	£150,000		N/A
Greater than	£150,000	but no more than	£200,000		N/A
Greater than	£200,000			£10,000	N/A

It is important to note that when you pursue a claim interest and compensation may take the debt into a higher banding, which means that a higher Court fee may be payable. The process generally speaking is as follows:

We will charge between £300 and £500 (excluding VAT) to draft simple short-form Court proceedings claiming payment of an undisputed invoice.
If the other party fails to acknowledge service of the proceedings or fails to file a defence to the claim, we will charge £150 (excluding VAT) to request a default judgment and, on receipt of the default judgment, to write to the other party again, demanding payment.

A default judgment will only include Court fees and fixed solicitor’s costs. Please note that you will not be able to recover the fees that you pay us. However, you will be able to recover some of them.

If the other party does not pay the amount ordered by the Court, we will write to you advising on the various methods available to you in recovering your debt by court enforcement. These include – attachment of earnings, charging orders, bailiff / high court enforcement. The charges for our services set out above do not include the cost of any further steps that may be required to enforce the judgement; however we will work with you to find the most cost effective and robust solution.

If the Defendant defends the claim and the matter becomes contested, we will discuss the costs of our services moving forwards and set out the steps that will occur in a separate letter.

Some Commonly Asked Questions

How long do debt claims usually take?

A. Claims that are not disputed by the defendant can take as little as 2 weeks to 2 months to fully resolve. However, disputed claims can take onwards of 12 months to resolve via the Court.

How do I prove that I am owed money?

A. This is entirely dependant on each individual case. It can range from conversations had between you and the defendant, contracts, bank statements or other documents of relevance. We will help you gather all the documents of relevance to your case and assess them to put your case in the best position from the outset.

Will I get my court fee paid by the defendant?

A. Yes, court fees are recoverable if you are successful in the case.

What if I cannot afford a solicitor?

A. Here at Jordans Solicitors we don’t believe that money should prevent you from seeking justice. We may be able to assist you with your Court fees and agree a funding arrangement with you if your case permits.

Client Testimonials

"From the very start of my case Luke Newton has been outstanding. He has kept me well informed with each step and that includes updating me to keep my peace of mind, explaining things thoroughly through each stage. This is my first experience and I couldn't wish for anyone better to represent me. Professional, honest, approachable, first class job with clear advice allowing me to go with the process calmly. Thanks a million Luke. I can't recommend him enough."

Julie

"Explained everything as clear as day and gave the best advice for me. Would certainly recommend."

Joseph