boardroom view through glasses
Debt recovery solicitors in Chester and the surrounding areas

Debt Recovery

Cash flow is the life blood of any business, and late or unpaid invoices can have serious consequences.

Chasing outstanding debtors can be time-consuming and stressful, and all too often you don’t have time to deal with debt recovery.

Freeman Jones Solicitors can take the strain, helping you stay on top of your outstanding debt, maximising cash flow and profitability.

ui icon 20-minutes of free legal advice over the phone
ui icon Specialist legal help from our friendly team
ui icon Dedicated lawyers that return your calls
ui icon Fixed fee services with no hidden costs

Our Debt Recovery Service (up to £100,000)

stack of books with notepad and pen
Taking your instructions and sending a letter

Taking your instructions and sending a letter before action to the debtor threatening County Court or insolvency proceedings and usually requiring payment within 14 days. Our fee also includes receiving the payment and forwarding it to you. If an electronic transfer is required however this will attract a further fee of £25 plus VAT.

Debt owed less than £1,000 = £50 plus VAT
Debt owed £1,000 to £10,000 = £75 plus VAT
Debt owed £10,000 to £100,000 = £150 plus VAT

smart gentleman signing legal documents
Drafting and Issuing

This stage involves drafting and issuing a county court claim on your behalf.

You should be aware a claim for interest and/or late payment compensation may take the debt into a higher bracket with higher costs.

Debt recovery claim costs

Issuing a County Court Claim against your debtor

Debt owed Court fee Our fee
Up to £300 £35 £90 plus VAT
£300 – £500 £50 £100 plus VAT
£500 – £1,000 £70 £125 plus VAT
£1,000 – £1,500 £80 £140 plus VAT
£1,500 – £3,000 £115 £150 plus VAT
£3,000 – £5,000 £205 £160 plus VAT
£5,000 – £10,000 £455 £175 plus VAT
£10,000 – £100,000 5% of claim £250 plus VAT

Issuing a Statutory Demand against the debtor

Debt owed Our fee
£750 to £10,000 £200 plus VAT
£10,000 to £100,000 £350 plus VAT

Request Judgment

In County Court claims, once the Court has served the claim, a debtor has 14 days in which to file a Defence or enter an Acknowledgement of Service. After the expiry of the 14-day period you can make a request to the Court for judgment to be entered provided the debtor has not filed an acknowledgment or a Defence.

Request Judgment – our fee £50 plus VAT

Timescale: It usually takes the court about 10 working days to enter judgment following receipt of a request to enter judgment.

Additional Debt Recovery Services

If the debt is still not paid after judgment has been entered then enforcement action will be required. This can be dealt with as follows and we will discuss the options with you before embarking upon any process:

  • Application for an attachment of earnings order
  • Application for charging order on debtor’s property
  • Application for third party debt order
  • Bankruptcy Proceedings
  • Oral examination of a debtor
  • Winding up order

Contact Our Debt Recovery Solicitors Today

If you would like more information our commercial debt recovery services, or to find out more about our debt recovery prices, contact us today on 01244 506 444 or request a call back by filling in our contact form.

boardroom view through glasses

Book Your Free, No-Obligation 20-Minute Consultation Today!

"*" indicates required fields

When is the best time to call?*