Commercial advice

A COMPLETE DEBT RECOVERY SOLUTION

At Taylor Rose, we understand that  commercial debt means providing a results focused service which is both swift and available at a commercially realistic price.
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If you require trusted advice from one of our experts please get in touch, a member of our team will be happy to talk.
Specialist Debt Recovery Team


Our expert debt recovery and dispute resolution team consistently deal with a variety of instructions that differ in size and complexity. They are dedicated professionals who are ready to advise you on a swift resolution to your issue.

We have acted for individuals to collect one off debts and for companies and corporations who need bulk debt collection. Therefore, the legal team can confidently act for you on a single instruction or bulk contracts. Whatever the size or scale of the problem, our debt recovery lawyers will create a constructive strategy. This strategy will help you achieve maximum debt recovery which is always built around avoiding costly court action.

Our debt recovery lawyers have represented several clients, ranging from local businesses to large blue-chip organisations. You can rest assured that your transaction is in experienced hands. Our legal experts will do all the hard work for you.

We offer a complete debt recovery solution to cover all your needs. We will also provide you with a single case handler. They will keep you regularly updated throughout the process with their effective communication.

By acting swiftly we can assist in the smooth recovery of a debt or negotiate a settlement for repayment of a debt. We can do this either through an instalment plan or as a one off payment.  We can also assist in funding disbursements for Part 8 proceedings. We can do this along with Bankruptcy Petitions on bulk recovery work which means there is no outlay for you.

Tailored Debt Recovery Assistance


If you require tracing, investigation, the serving of legal documents or just some advice, our debt recovery lawyers can assist you. They offer a service that has been tailored to your exact needs but remains price competitive.

We also help with:

  • Pre-action collection
  • County Court Proceedings
  • Bankruptcy
  • Winding Up Actions
  • Defending Actions
  • High Court Services
  • Applications for County Court and High Court Judgments;
  • Charging Orders;
  • Orders for Sale and Possession of Property;
  • Attachment of Earnings Orders;
  • Enforcement of Orders Abroad.

We have the apparatus and experience to conduct large scale debt collection. We use the latest technology to keep costs to a minimum. Our service is of the highest standards of quality because we ensure that the whole debt collection process is overseen by our specialist Debt Recovery Lawyers.

Our specialist Insolvency Team are also on hand to advise on any Bankruptcy and Liquidation issues.

WHATEVER THE PROBLEM WE CAN CREATE A STRATEGY WHICH WILL HELP YOU
WHATEVER THE PROBLEM WE CAN CREATE A STRATEGY WHICH WILL HELP YOU

WE OFFER A COMPLETE DEBT RECOVERY SOLUTION TO COVER ALL YOUR NEEDS AND WILL PROVIDE YOU WITH A SINGLE CASE HANDLER

We have recently acted for:

  • Debt collectors where we have issued proceedings, obtained judgment and charging orders. We then enforce the charging orders and recover the debt.
  • Debtors who needed extra time to pay. 
  • We have also negotiated reductions in the debt, taking away the pressure and stress involved with these matter.
Do You Need More Information?


Our debt experts offer fixed fees and accept many cases on a ‘no win no fee’ basis. For more information, don’t hesitate to contact us here. 

CONTACT US
      DO YOU NEED ADVICE?
If you require trusted advice from one of our experts please get in touch, a member of our team will be happy to talk.


USEFUL GUIDES


YOUR DEBT RECOVERY LAW EXPERTS

OUR TEAM
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A COMPLETE DEBT RECOVERY SOLUTION SERVICES
OUR PRICES DEBT RECOVERY
Legal Fees (Fixed Fee):


The below table sets out the fees and costs associated with a claim issued at the Court Money Claims Centre. These costs apply where your claim is in relation to an unpaid invoice which is not disputed and enforcement action is not needed. If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee (e.g. if a one-off letter is required), or an hourly rate if more extensive work is needed.

 

Debt value Court fee Our fee (excluding VAT)
Up to £5,000 £35 - £205 £600 - £1000
£5,001 - £10,000 £410 - £455 <£750 - £1,500
£10,001 - £50,000 4.5% (if filed online) - 5% (if filed in paper) of the value of the claim. £1,500 - £2,500


 

Legal Fees (Hourly Rate):

 

These costs apply where the other party disputes your claim and further work is required. Our hourly rates vary depending on the location and experience of your solicitor.

 

Directors, Partners and Solicitors or Chartered Legal Executives with over 8 years’ relevant experience
(Grade A) £250 - £390 per hour plus VAT
Solicitors and Chartered Legal Executives with over 4 years’ relevant experience
(Grade B)                  £220 - £275 per hour plus VAT
Other Solicitors, Legal Executives and fee earners of equivalent experience
(Grade C)                  £185 - £230 per hour plus VAT
Trainee Solicitors, Paralegals and Clerks
(Grade D) £120 - 175 per hour plus VAT

 

On average, this type of work takes between 4-50 hours to complete. This means that on average costs are between £700 and £12,500 plus VAT.



Disbursements:

 

Disbursements are costs related to your matter that are payable to third parties, we handle the payment of the disbursements on your behalf to ensure a smoother process. Potential disbursements you may incur are:

  • Court fees;
  • Counsels fees;
  • Expert fees;
  • Mediator’s costs;
  • If we attend a court hearing, meeting or mediation there will be additional disbursements in respect of our mileage/travel expenses. 

Defended Small Claims (up to £10,000)

 

Disbursements

Our Charges

Handling standard defended small claims which does not include a counterclaim, nor preparation of witness statement and instructing Counsel and may differ depending on complexity so we will agree in advance with you

£175 plus VAT

£500.00

Court Hearing fee where the debt value is up to £300.00

£25.00

 

Court Hearing fee where the debt value is up to £500.00

£55.00

 

Court Hearing fee where the debt value is up to £1,000.00

£80.00

 

Court Hearing fee where the debt value is up to £1,500.00

£115.00

 

Court Hearing fee where the debt vale is up to £3,000.00

£170.00

 

Court Hearing fee where the debt vale is up to £10,000.00

£335.00

 

Drafting standard Consent Order

£100.00

£100.00

Adjourned hearings

£350

£350 plus VAT

Counterclaims

Court fee will depend on value of counterclaim but is the same scale as above for issue fees.

Hourly rate of £125.00 - £165.00 plus VAT will apply and an estimate of costs will be agreed with you in advance.

Setting aside Judgment application

£750

£800 plus VAT

 

For the above we will be charging you on our hourly rates. We will estimate our fees to deal with each action at each stage. Depending on the complexity of the matter and the work required we will review and try to agree with you an estimated charge for that specific action. We will inform you and get your agreement before any work is undertaken. 



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