Debt Recovery Pricing Information

Complex Matter
We acted for a company looking to recover £52,000 from a debtor who had long refused to pay. The claim was made pursuant to a complex commercial agreement but which incorporated a dispute resolution clause. As the claim was disputed, the client had to follow this process which dictated both the procedure and timescale. The client was nevertheless successful and our costs of £8,000 plus vat and expenses were recovered in 2 years. Our costs were substantially cheaper than would have been the case had the matter had to be conducted through the courts and the client probably saved a year in time by using the contractual dispute resolution mechanism

Typical Matter
We acted for a company which had been trying unsuccessfully to recover a debt for 8 months As the debt could not legitimately be disputed we used the winding up process and were able to obtain payment in full within 8 months from being instructed. The costs of £3,000.00 plus VAT and disbursements were ultimately recovered from the debtor. The winding up procedure is not appropriate in every case.

Simple Matter
We acted for a company to recover just over £1,000 (including interest, the fixed sum, and reasonable costs of recovery, all of which are recoverable from a corporate debtor), and we were able to obtain payment in full within two months from being instructed.

The costs of £196.50 plus VAT and the court fee of £80.00 both formed part of the county court action we ultimately brought against the debtor, and were paid for in full by the debtor once the court had sent them a copy of the County Court Judgment.

Our latest news and events


New guidance on harassment at work

The #MeToo campaign has exposed many occasions where Non Disclosure Agreements (NDAs) have been used as an attempt to prevent employees speaking out about sexual harassment in the workplace. The difficulty for employers is there are no minimum requirements as to how they should act to prevent and deal with such behaviour in the first…

Read full news story


Anticipated surge in gifts in wills can benefit charities of all sizes

Charities of all sizes need to look to the long term as well as short term fundraising projects, according to Thursfields Solicitors. Senior associate solicitor Katherine Ellis, who previously spent three years in London working as a solicitor and legacy manager with the British Heart Foundation, said it was not just big national charities that…

Read full news story

By using this website you agree to accept our Privacy Policy and Terms & Conditions