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Debt Recovery Service – Fixed Fee Service

We are pleased to be able to offer a Debt Recovery Service for clients at the rates shown below.

The initial cost per letter (Letter before Action “LBA”) will be calculated on the basis of the number of debts sent to us at any one time.  For example:

1-5 debts - £25 each LBA

6-20 debts - £20 each LBA

21-50 debts - £15.00 per LBA

51-100 debts - £10.00 per LBA

If further work is required to recover a debt, it will be agreed prior to any action being taken by us and will be dealt with in accordance with our Terms of Business.

The process is as follows:

The client sends details of the debts on an excel spreadsheet with details of the debtors, that is, their name and address and the amount of the debt. 

At this point, money on account will be payable, for example a batch of 30 debts would equate to a fee payable of £450 plus VAT.  Payment can be made to us by cash, cheque or credit card. 

An LBA (the wording of which will be agreed with the client beforehand) will then be sent to each debtor. 

 A three week deadline will be set, at which point we will update you, by telephone, of the responses we have received and then agree any further action.

 The responses are likely to fall into one of four categories: 

  • Payment in full
  • Proposals to pay by installments
  • Dispute as to the sum due
  • LBA ignored/returned

Once we have discussed the responses received, we can agree what (if any) further action is to be taken.  We can negotiate for payment or issue proceedings on your behalf, both of which will be charged at an hourly rate.

For further details please call Felicity Keeler on her direct line  01622 891711 or call the office number (local rate) 0845 270 2511

  

Call 

One of our  team (click "Our Team" on side-bar to see who does what) 

or call 0845 270 2511 

or Request a Call Back

......but for ROAD TRAFFIC ACCIDENTS and PERSONAL INJURY..........please ring  01732 897976