Dispute Resolution Solicitors

Debt Recovery

If you or your business has agreed to provide, or have provided, goods and/or services or a loan to a person or business and they’ve failed to pay you, then you may wish to issue court proceedings to recover what you’re owed.

Debt Recovery Services

Our experienced Dispute Resolution solicitors’ commercial awareness and legal knowledge means that they will provide expert advice in pursuing claims for sums owed.

It’s important to take legal specialist advice from an early stage. This means that you avoid the pitfalls associated with using debt recovery firms who usually aren’t legally trained or qualified and do nothing but waste your time and money. Our specialist solicitors will use their knowledge of the law to ensure you receive what you’re rightfully owed.

Our Experts

Chun Wong

Chun Wong

Partner & Head of Dispute Resolution

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Debt enforcement solicitors

We have years of experience in helping people like you get back what you’re owed. Our expert commercial dispute resolution lawyers have the knowledge and experience to help you work out the next steps and retrieve what you are owed.

Once a county court judgment has been obtained (with or without our assistance) we can also assist with enforcement of a debt can through a number of ways, including:

  • A charging order and or order for sale
  • A third party debt order
  • A writ of control (to seize goods)
  • Bankruptcy/insolvency proceedings
  • Freezing injunction

“Your explanations and contextualising of a lot of the processes have really helped. You have been excellent and I couldn’t have hoped for better advice and representation.”

Pricing information for debt recovery for small businesses (up to £100k)

These costs apply where your claim is in relation to an unpaid invoice which is not disputed and enforcement action is not needed. If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.

The costs range is based on hourly rates from £175 to £450 + VAT (depending on which solicitor at the firm you instruct)

All costs listed are exclusive of VAT (which is currently 20%)

Full Cost Information
The full breakdown cost information for debt recovery cases for small businesses up to £100k can be found here.

Anyone wishing to proceed with a claim should note that:

The VAT element of our fee cannot be reclaimed from your debtor.

Interest and compensation may take the debt into a higher banding, with a higher cost.

The costs quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.

For debts of £10,000 or less you would not normally recover your legal costs.

Matters usually take 8-20 weeks from receipt of instructions from you to receipt of payment from the other side, depending on whether or not it is necessary to issue a claim and the court timetable and workload. This is on the basis that the other side pays promptly on receipt of Judgement in default. If enforcement action is needed, the matter will take longer to resolve.

Advice you can trust
Our team has over 30 years of collective experience in delivering high quality work in all civil matters. We have a number of junior and senior members of the team who may work on your matter. Regardless of who works on your matter, they will be supervised appropriately.

Frequently Asked Questions

Do I need to instruct a solicitor to enforce a debt I’m owed?

Not necessarily – if the claim is less than £10,000 and you issue court proceedings, then you’ll recover very limited fixed costs. As a result it may not be worthwhile instructing a solicitor as costs may exceed the amount you’re seeking. However, if you want one-off, specific advice on how to complete a court form or the process then we may be able to assist. If the debt is more than £10,000 then you are likely to be awarded some legal costs (which may be fixed depending on the value) if the matter goes to court.

 

How do I issue a claim for a debt owed?

There is protocol that you should follow which will include, for example, sending a pre-action letter, before you issue a claim at court. Our solicitors can help advise you on the necessary steps and assist you with each of the steps along the way.

Awards & Recognition

Hodge Jones & Allen Solicitors have been recognised as one of Chambers and Partners‘ top firms. The firm is also noted by the Legal 500 for our commitment to excellence. You can rest assured that our team are highly experienced in handling even the toughest dispute resolution cases.

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What Our Clients Say

Hodge Jones & Allen Solicitors is proud of the many positive testimonials that we receive, reinforced by our ‘Excellent’ rating on Trustpilot. Please read through what some of our clients have had to say about their experience with our legal teams.

News & Insights

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