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
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 Paul. Thank you so much for negotiating a satisfactory sum (exactly as you had predicted) and I am very grateful to have had the benefit of your excellent service throughout this ordeal. Horrid though it was, your expertise and guidance were of immense help. We can now happily put this whole thing behind us and finally move on. With very warm thanks and best wishes.
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
Ian Oliver and Paul Lewis of George Ide Solicitors, and their appointed barrister, were outstanding in helping us defend an HMO licensing prosecution by a local authority. This was a complex matter which should never have been taken to trial by the local authority. However, thanks to the care, knowledge and tenacity shown by George Ide, the correct judgment was given. Thanks again for guiding us through this stressful experience.
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.
Just to confirm the safe receipt of the settlement money into my account,and also want to take this opportunity to thank you for all your hard work not just regarding the fee but also treatment wich help me getting in track with normal life after the accident. Again many thanks for all your hard work.
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.
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,
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.
Following a very traumatic car accident I found myself in the extremely capable hands of Paul Lewis.
He spent time explaining the legal procedures and helped me through every step of my very stressful personal injury claim. Thank you for all you have done for me, you were fantastic.”
Dear Paul. Thank you for you email. I am so pleased that everything has finally come to an acceptable solution. I am grateful for all your attention throughout. I have, at all times, felt supported by yourself and your firm and confident that you were working in my best interests to resolve the claim.
I would just like to thank you for all your hard work in settling my father’s case and in coming to an agreeable settlement with the insurers. Thank you for being so patient with us, and taking time to explain things in layman’s terms. You have led us through this process with ease and my father is very happy to have reached a conclusion in this matter . All your efforts are very much appreciated. Wishing you all the best.
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.