DEBT RECOVERY – COMMERCIAL AND LANDLORD AND TENANT
We offer a bespoke debt recovery service for commercial and landlord clients. We do not offer such services on a fixed fee basis.
The people who may be involved in this process are
- Ian Oliver – Partner Hourly Charging Rate £275 per hour +VAT of £55 totalling £330
- Paul Lewis – Partner Hourly Charging Rate £250 per hour +VAT of £50 totalling £300
STAGE 1
To get to the stage of writing a Letter Before Action we would expect our costs to be between £200 and £400 plus VAT of between £40 and £80 totalling £240 – £480.00
If it becomes necessary to issue proceedings, we will provide a cost estimate based on the complexity of any drafting involved but would expect this to be between £240 and £480, including VAT in addition to the above together with the court issue fee (see below).
If a defence is filed, we will provide a more detailed cost estimate based on the issues raised therein.
The process of debt collection can vary considerably from case to case. It may be a case of a single unpaid invoice for goods or services or it may be more complex claims for unpaid rent and service charges. Our experienced team can assist whatever the situation.
In most cases we would, having taken your instructions, write to the debtor in compliance with the Civil Procedure Rules (CPR) Pre Action Protocol for Debt Recovery and, depending on the response or lack thereof we would advise you as to the best way forward, whether that be by way of further negotiation, court proceedings, a statutory demand or possibly mediation.
We would advise you of any costs involved before commencing action as well as provide you with the best estimate as to costs as we can. This estimate will include:
STAGE 2
- Taking your instructions and reviewing documentation
- Undertaking appropriate searches
- Sending a Letter Before Action
- Receiving payments and sending on to you, or if the debt is not paid, drafting and issuing proceedings
- Where no Acknowledgement of Service or Defence is received, applying to the court to enter judgment in default
- When judgment in default is received, writing to the other side to request payment.
- If payment is not received within 14 days, providing you with advice on the next steps and the likely costs
STAGE 3
This would either be enforcing an unpaid court judgment or dealing with a contested claim for which a further estimate would be provided.
In addition to our fees, there are disbursements that we may incur on your behalf (with specific prior authority) such as:
- Court Issue Fees
Value of your claim | Fee payable |
Up to £300 | £35 |
Greater than £300 but no more than £500 | £50 |
Greater than £500 but no more than £1,000 | £70 |
Greater than £1,000 but no more than £1,500 | £80 |
Greater than £1,500 but no more than £3,000 | £115 |
Greater than £3,000 but no more than £5,000 | £205 |
Greater than £5,000 but no more than £10,000 | £455 |
Greater than £10,000 but no more than £200,000 | 5% of the value of the claim |
Greater than £200,000 | £10,000 |
- Enquiry Agents Fee
- Search Fees
CONTACT OUR TEAM
For further information about any of our services or to book a no-obligation consultation, call us on 01243 786668 or email directly at info@georgeide.co.uk.
Client Testimonials
I have received the final settlement cheque and I am happy with this. Thanks again for your services. You’ve been excellent in every way. I would recommend you to anyone. Thanks.
Hi Paul. Thank you for your email and all your help over the past 2 years you’ve been fantastic and I would highly recommend you to anyone, I will of course let you no when I revive the funds and couldn’t be happier with the outcome. Kind regards,
Paul hi,
I am extremely happy with the outcome and the break down that you have provided. I would just like to say to you and your team my deepest thanks for the hard work and dedication you have put into my case and I. am extremely happy with results. Kind regards
I must of course take this opportunity to tell you how grateful I have been for all your advice, assistance and counsel during the past difficult months. You have been demonstrably skilful, resolute and responsive in all aspects of dealing with my case. I have always felt in very safe hands and your experience shines through, knowing just how to procure the best outcome. I can’t thank you enough for getting me through this horrid and complicated experience. With very best wishes.
Hello Paul. The money has arrived safely thanks. May I say a very big thank you for your excellent service on this case you have been incredibly upfront and honest and have dealt with my case with superb attentiveness. It was frustrating for me at times as it took a long time to get it concluded, but I do appreciate the effort on your part. Many thanks again.
I would just like to say that it has been an absolute pleasure working with you over the last few years and thank you so much for all your help and support. You have been fantastic. You have certainly been more helpful than I could have possibly hoped.
On April 9th 2010 it was my turn to be involved in a traffic accident with an uninsured driver. Although my injury was only a minor back injury, I wanted to be able to claim some sort of compensation if only for some treatment of physiotherapy. George Ide LLP, appointed by my insurance company, have been absolutely superb in representing my claim for personal injury against the Motor Insurance Bureau. With the expertise of Paul Lewis, Head of Accident Management, he has managed to increase the original offer made by the MIB almost threefold. It has been a long process, as Paul advised from the outset, but has been worthwhile and rewarding. I do hope that I do not need to use Paul’s expertise ever again, but know that if I do I would be in the hands of a very capable and friendly team.
Thank you for your email and thank you so much for your help with it all. You have dealt with everything brilliantly so as not to cause me any stress or worry so thank you.
I just wanted to drop you a quick email to thank you for all you have done for us regarding our daughter’s burn. You made the process a lot less scary for her so thank you for that and we are pleased with the outcome. Your professionalism and care for our daughter throughout was very much appreciated by us all.
Thank you for all your effort and excellent advice and work in this matter. It’s very much appreciated and I will certainly use you and your firm again in the future should I require legal services.
Thank you seems such a trivial word and yet without your tenacity, we would not be here today. For all the medical providers you sought out and your words of stability at each and every stage I cannot thank you enough. You will never know how much of a difference you have made, without your constant reassurance and steps of transition to medical assistance especially during Covid I know I would not be at this stage on my journey.
Dear Mr Lewis. First of all I would like to say a huge thank you to you and your team about the hard work, time and money which you spent to deal with my claim. I agree with you that the settlement is reasonable enough and I know that you’ve did your best to get it.
Contact Our Friendly Legal Experts Today
For general enquiries or to discuss more specific needs in personal or commercial law please get in touch with a friendly member of our team today.