Debt recovery Direct - Commercial Debt Recovery Specialists

Our Fees

Volume

Volume debt recovery is a new credit control service offering a Flat Fee system ideally suited to those clients who operate current sales ledgers and experience slow payment but would prefer not to extend their credit control department and there is no requirement for formal or legal procedures, just a gentle reminder to keep your debtors turning over.

High Volume debts
Age of Debt		UK Only

51 + a month		£4 each
31 to 50 a month		£7 each
10 to 30 a month		£10 each

No Win - No Fee

We only charge commission on recovery with a minimum fee of only £10. If after our prelegal process we are unable to secure a payment and you decide not to pursue using our litigation services then our minimum fee will apply. For non-defended cases we are able to offer you a fixed cost service.

Commission Charges
Age of Debt		UK Only

0-60 Days Overdue		10%
61-150 Days Overdue		15%
151 Days +		20%
Fixed Costs Litigation Service Charges (Non defended cases. Excludes enforcement costs)

Debt Amount		Court Fee	Our Fee	Total	Recoverable

up to £300		£30	£60	£90	£80
£301-£500		£50	£60	£110	£100
£501 - £1,000		£80	£90	£170	£150
£1,001 - £5,000		£120	£110	£230	£200
£5,001 - £15,000		£250	£150	£400	£350
£15,001 - £50,000		£400	£150	£550	£500
£50,001 - £100,000		£690	£175	£865	£790

Entering Judgement
Debt	Costs	Issue Fee	Total	Recoverable
£250-500	-	£35.00	£35.00	£22.00
£501-1000	-	£50.00	£50.00	£22.00
£1001-5000	-	£60.00	£60.00	£22.00
£5,000 +	-	£65.00	£65.00	£30.00

Warrant of Execution
Debt	Costs	Issue Fee		Total
£125.00	£24.25	£30.00		£54.25
£600.00	£24.25	£50.00		£74.25
£5,000.00	£73.75	£41.75		£115.50
£5,000.00+	£81.75	£41.75		£123.50

Enforcement Procedures (Excluding disbursements)
				Total

Bankruptcy Petitions				£200.00
Winding Up Petitions				£225.00
Statutory Demand				£90.00
Oral Examination				£75.00
Attachment Of Earnings				£125.00
Third Party debt order				£200.00
Charging Orders				£225.00

Start recovery now

Call 020 8798 0710

Fax 0870 381 6871

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