DEBT RECOVERY

At Taylor Rose TTKW we understand that when it comes to commercial debt recovery it is important to provide a results focused service which is both swift, and available at a commercially realistic price.

Our expert debt recovery and dispute resolution team are used to dealing with a variety of instructions that differ in size and complexity, and can confidently act for you on a single instruction or bulk contracts. Whatever the size or scale of the problem we can create a strategy which will help you achieve maximum recovery, always built around avoiding costly court action if possible.

We have represented a number of clients ranging from local businesses to large blue-chip organisations so you can rest assured that your transaction is in experienced hands, with our experts doing all the hard work for you.

We offer a complete debt recovery solution to cover all your needs and will provide you with a single case handler, who will keep you regularly updated throughout the process and will be your one point of contact.

Whether you require tracing, investigation, the serving of legal documents or just some advice, we can assist you with 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

We offer fixed fees and accept many cases on a ‘no win no fee’ basis, for more information please contact us

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

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 SOLUTIONS EXPERTS

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DEBT RECOVERY SERVICES
OUR PRICES Debt Recovery
Legal Fees (Fixed fee)

 

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) Total
Up to £5,000 £35 - £205 £600 - £1000 £755 - £1,405
£5,001 - £10,000 £410 - £455 <£750 - £1,500 £1,310 - £2,255
£10,001 - £50,000 4.5% - 5% of the value of the claim. £1,500 - £2,500 £2,250.05 - £5,500


 

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.



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