Docklands Solicitor

We are pleased to be able to offer a Debt Recovery Service for clients at the rates shown below. The initial cost per letter (Letter before Action LBA) will be calculated on the basis of the number of debts sent to us at any one time.

For example:

1-5 debts - 25 pounds each LBA
6-20 debts - 20 pounds each LBA
21-50 debts - 15 pounds per LBA
51-100 debts - 10 pounds per LBA

If further work is required to recover a debt, it will be agreed prior to any action being taken by us and will be dealt with in accordance with our Terms of Business.

The process is as follows:

The client sends details of the debts on an excel spreadsheet with details of the debtors, that is, their name and address and the amount of the debt. At this point, money on account will be payable, for example a batch of 30 debts would equate to a fee payable of 450 pounds plus VAT. Payment can be made to us by cash, cheque or credit card.

An LBA (the wording of which will be agreed with the client beforehand) will then be sent to each debtor. A three week deadline will be set, at which point we will update you, by telephone, of the responses we have received and then agree any further action.

The responses are likely to fall into one of four categories:

Payment in full
Proposals to pay by installments
Dispute as to the sum due
LBA ignored/returned

Once we have discussed the responses received, we can agree what (if any) further action is to be taken. We can negotiate for payment or issue proceedings on your behalf, both of which will be charged at an hourly rate.

For further details please call Felicity Keeler on her direct line 01622 891711 or call the office number (local rate) 0845 270 2511

Labels: debt recovery fixed fees