Debt Recovery Fee Information

How much does debt recovery cost?

Once you have provided us with detailed instructions about your case we can give you tailored advice and an estimate of fees, but as a guide, based on the average debt recovery matter that we deal with, for claims with a value up to £100,000, we would usually charge £900 including VAT charged at 20% for the initial review and letter of claim.  If there are multiple debts to recover at the same time, the costs of the second and subsequent letter is likely to be in the region of £300 including  VAT charged at 20%.

Timescale for debt recovery

The time it will take to recover the debt can vary widely from case to case. In some cases, payment will be received following the service of a Letter of Claim in which case the matter could be resolved in 4 – 8 weeks. However, if the claim is defended and proceeds to a full trial, it could take up to a year, or even longer, for the matter to reach a conclusion. There are often delays to Court proceedings which are outside of the parties’ control and are due to Court backlogs.

Who will deal with your case:

Holly Minney – Member

Esther Marshall – Member

William Cook – Associate Solicitor

Aaron Burkett – Solicitor

Janeet Jawanda – Solicitor