Debt Recovery

Unpaid debts can have various unpleasant consequences ranging from cash flow difficulties; refusal of prompt payment discounts, and banks not recognising long term debts as collateral.

Read our top tips on Commercial Debt Recovery.

We are experienced in debt recovery and have an efficient debt recovery collection service, staffed by experienced solicitors, it is a cost effective way to recover money owed to you.

For £100 + VAT plus disbursements (e.g. a court fee), we will take care of the following:

  • Free initial telephone advice
  • Economic recovery of any size of debts
  • Serving a Notice of Intention to Issue a County Court Claim
  • Court proceedings issued and judgments enforced
  • Interest claimed
  • Majority of costs recovered from the debtor, if the case is successful
  • Enquiry Agents instructed to trace a debtor

On recovering all or part of the debt, our fees are:

Amount Recovered

Fee

Up to £1000.00

20% inclusive of VAT

Over £1000.00

15% inclusive of VAT

If the recovery of the debt hasn’t been resolved following judgment, we can enforce the debt by:

  • Instructing the High Court Sheriff to seize goods – Court fee of £66.00,
    Sheriff’s fee of £90.00 and Wrigley Claydon’s charges of £50.00 plus VAT
  • Questioning the debtor at court to ascertain his assets- Court fee of £110.00, Process Server’s fee of £88.00 and Wrigley Claydon’s charges of £250.00 plus VAT.
  • Obtaining an attachment of the debtor’s salary- Court fee of £110.00 and Wrigley Claydon’s charges of £250.00 plus VAT.
  • Obtaining a charge on the debtor’s property – Court fee of £110.00, Office Copies of £12.00, Land Registry fee of £60.00 and Wrigley Claydon’s charges of £250.00 plus VAT.
  • Third Party Debt Order – Court fee of £110.00 and Wrigley Claydon’s charges of £250.00 plus VAT.

Our well established team of solicitors have in-depth knowledge and experience in this area of law, so please call us for more information:
Manchester Office:
0161 914 9881
Oldham Office:
0161 624 6811
Todmorden Office:
01706 815712

Team: Vijay Srivastava and Shalish Mehta