Debt Recovery
Whether you are facing a claim for recovery of money or are owed money from a debtor, CKE Attorneys are able to assist you. It is absolutely essential to obtain advice at the earliest stages to ensure that you protect your position and avoid the situation spiralling out of control.
We understand that for those seeking to recover funds due to them, the aim is to recover the debt as quickly as possible and in the most cost-effective way.
Every situation is different. If the debt has arisen you could potentially claim more than the sum due. If the debt is disputed, it may be best for you to follow a County Court procedure rather than the insolvency procedure. Our dedicated Debt Recovery team of experts are able to provide you with tailored advice to suit your needs.
We appreciate the effect that outstanding debts can have on your finances. That is why we seek to resolve any dispute as soon as possible.
Unlike debt collection agencies, who provide a short-term service, we offer a lifelong commercial connection to your business. We offer a personal approach and pride ourselves on getting to know your business so we can provide a service tailored to suit your needs view to achieving a recovery in the most cost-effective manner.
Whether the debt is disputed or not, we will recommend the appropriate procedure to enable you to recover funds as quickly as possible at a sensible cost. It is often the case that the longer a debt is left unpaid, the less likely it is to be collected.
We will take the stress away and guide you through the entire process offering practical and commercially focused advice.
Our Fees
Claims up to £10,000.00
Review of papers – Hourly Rate
Letter of Claim – £300.00 plus VAT
If negotiations are required after a Letter of Claim hourly rates would apply and be agreed with you.
Issuing a claim and obtaining Judgment on an undefended basis – £500.00 plus VAT.
If the matter is issued and becomes defended we would review the position with you and either agree staged Fixed Fees through to a final Hearing or agree hours rates.
Claims over £10,000.00 and up to £100,000.00
Review of papers – Hourly Rate
Letter of Claim – £450.00 plus VAT
If negotiations are required after a Letter of Claim hourly rates would apply and be agreed with you.
Issuing a claim and obtaining Judgment on an undefended basis – £1000.00 plus VAT.
If the matter is issued and becomes defended we would review the position with you and either agree staged Fixed Fees through to a final Hearing or agree hours rates.
Our Fixed Fees include our time and VAT but do not include disbursements such as Court Fees, Counsel/Agents fees and enforcement agents fees – any such disbursements would be agreed with you before they are incurred.
If for any reason there is a need to review the Fixed Fee we will advise of this and explain the reasons why, and provide a further fee quote for your consideration and agreement. Any such revised fee quote will be based on our hourly rates.
- Insolvency Procedure
- County Court Claims
- Disputed Debts
- Judgements (CCJ)
- Letter Before Action
- Bankruptcy Petitions
- Court Representation
- Cross-Border Debts
- Third Party Debt Orders
- Non-Disputed Debts
- Pre-Litigation
- Statutory Demands
- Winding Up Petitions
- High Court Enforcement
- Bailiffs
- Interest Rates
For more information please call our expert commercial debt recovery and litigation solicitors on 7380 813659, or complete the below enquiry form and one of our team will contact you at a time that suits you.