Recovering debt is a widespread problem in a business where you have done all the challenging work, and you are still waiting to be paid.
Commercial Debt Recovery and our pricing
We understand how important cash flow is to a business and the detrimental impact unpaid invoices can have on its day to day running. At WLR Law, our team can help businesses recover payment of any invoices which are not paid. We take a commercial approach and our clients have the potion of obtaining a pre-sue report before spending considerable sums in legal and court fees.
The pricing for our debt recovery service is set out below but if you have any questions or would like to discuss our debt recovery offering in more detail, please contact us and we will be happy to assist.
| Stage | Debt | Our fee | VAT (20%) | Court fee | |
| Invoice reminder letter | |||||
| Any | £35.00 | £7.00 | n/a | ||
| Pre sue report (optional) | |||||
| Please contact us for more information | |||||
| Stage | Debt | Our fee | VAT (20%) | Court fee | |
| Pre-action protocol letter | |||||
| Up to £5000.00 | £75.00 | £15.00 | n/a | ||
| £5001.00 to £10,000.00 | £95.00 | £19.00 | n/a | ||
| £10,001.00 to £100,000.00 | £195.00 | £39.00 | n/a | ||
| £100,000.00 + | Please contact us for a quote | n/a | |||
| Stage | Debt | Our fee | VAT (20%) | Court fee | |
| County court action – issuing a claim | |||||
| Up to £300.00 | £25.00 | £5.00 | £35.00 | ||
| £300.01 – £500.00 | £50.00 | £10.00 | £50.00 | ||
| £500.01 – £1,000 | £70.00 | £14.00 | £70.00 | ||
| £1,000.01 – £1,500 | £80.00 | £16.00 | £80.00 | ||
| £1,500 – £3,000 | £90.00 | £18.00 | £115.00 | ||
| £3,000.01 – £5,000.00 | £100.00 | £20.00 | £205.00 | ||
| £5,001 – £10,000 | £125.00 | £25.00 | £455.00 | ||
| £10,001 – £25,000 | £250.00 | £50.00 | 5% of the value of the claim | ||
| £25,000 – £100,000 | £450.00 | £90.00 | 5% of the value of the claim | ||
| £100,000.00 + | Please contact us for a quote | ||||
| Debt | Our fee | VAT (20%) | Court fee | ||
| Court action – entering Judgment i.e. applying to the Court for Judgment to be granted | |||||
| £22.00 | £4.40 | n/a | |||
| Enforcement | |||||
| Agency fee (aborted /unsuccessful) |
Our fee | VAT (20%) | Court fee | ||
| High court bailiff enforcement | £90.00 (inclusive of VAT) | £125.00 | £25.00 | £78.00 | |
|
|||||
How to contact us
Our specialists are ready and on hand to support you through the process. Talk to us today to find out more.
Milhouse Business Centre
Station Road
Castle Donington
Derbyshire
DE74 2NJ