Get In Touch
Commercial Dispute Resolution

Commercial Debt Recovery

Chun Wong
Chun Wong
Partner
Ruhul Ameen
Ruhul Ameen
Partner
Karolina Kupczyk
Karolina Kupczyk
Partner
Reema Chugh
Reema Chugh
Partner
Brenel Menezes
Brenel Menezes
Senior Associate
Declan Storrar
Declan Storrar
Paralegal
Finley Levell
Finley Levell
Paralegal
Image coming soon - Help
Lydia Isaacs
Trainee
Mandhir Seera
Paralegal
Rabiah Farooq
Rabiah Farooq
Trainee

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

We understand how difficult this process can sometimes be. Our solicitors’ commercial awareness enables them to provide expert advice in pursing claims for sums owed.

It is important to take specialist advice from an early stage and to avoid the pitfalls associated with using debt recovery firms who are usually not legally trained or qualified and can waste both your time and money.

Why choose Hodge Jones and Allen 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:

  • Charging order and or order for sale
  • Third party debt order
  • Writ of control (to seize goods)
  • Bankruptcy/insolvency proceedings
  • Freezing injunction

“EVERYTHING WAS GREAT, THEY SIMPLY COULDN'T HAVE DONE A BETTER JOB. I CAN'T RECOMMEND HER HIGHLY ENOUGH." - MR RIZZO

Back to top

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 £140 to £350 + 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 four members of the team who may work on your matter. Regardless of who works on your matter, they will be supervised by a Partner.

 

If you need specialist legal advice relating to debt recovery call our experts on
0808 271 9413
or request a call back online.
Back to top
Further Reading
View all

"THANK YOU SO MUCH FOR ALL OF YOUR HARD WORK, AND ALSO FOR YOUR SUPPORT. IT’S BEEN A REALLY TOUGH EXPERIENCE, BUT 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."

    document.getElementById( "ak_js_4" ).setAttribute( "value", ( new Date() ).getTime() );