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Debt Recover Charges - VWV Solicitors

Debt Recovery Charges

Debt Recovery Costs Information

Pricing information (on a no collection no fee basis)
 price logo

10 - 15% +VAT at 20%
10% of recovered debts over £10,000, or 15% of recovered debts of £10,000 or less

    time logo2

30 - 60 days
Claims settled before court proceedings, from instruction to receiving payment, or progressing matter to next stage. See below for timescales when court proceedings are issued.

meet the team 2 


Meet the team

We think it is very important for clients to be able to choose how much support they require from us and the associated costs involved in receiving that support.

Choice and flexibility guide our pricing approach. We provide a competitive and best-value proposition in support of a focused commercial approach, with a large proportion of our fees being charged as a percentage of the debts that we recover.

What Does Our Pricing Include?

The fees set out above for the work prior to issuing court proceedings includes the following services:

  • taking your instructions and reviewing documentation
  • undertaking appropriate searches
  • sending a letter before action
  • receiving payment and sending on to you.

If payment is not received, a claim will need to be issued. This will include the following services:

  • drafting and issuing the claim form
  • if the matter remains undefenced, we may request that the court enter judgment in default
  • if payment is not received within seven days of judgment in default being entered, providing you with advice on next steps and likely costs.

The range of costs shown above does not include the following additional services, and we will provide a separate fee estimate for these services, should you require them:

  • reviewing and responding to the debtor's response to any pre-action letter
  • reviewing and responding to the defendant's defence
  • commencing enforcement action for payment of the debt.

Why Choose Us?

Our Debt Recovery team collectively has many years of experience. We regularly deal with a wide range of matters, from straightforward contractual debts through to high value and complex debts, some of which are, for example, specific to a specialist sector or involve an international element.

VWV provides an outstanding debt recovery offering, with the perfect blend of credible excellence, expertise in depth and a personable approach.

  • Legal 500 | Debt Recovery

If you would like more detail on our approach to pricing, please contact Nick Roberts on 0117 314 5282, or complete our enquiry form below.

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Are you looking for legal services? Please complete the form below to find out how our specialist lawyers can support you.
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Meet the Team

Our debt recovery solicitors act on behalf of clients recovering business to business debts on a national and international basis, offering a specialist, cost effective debt collection service tailored to your needs.

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Ed Husband - Partner & Head of Litigation & Recoveries - VWV Law Firm
Partner
Ben Holt - Partner & Dispute Resolution Solicitor in Bristol - VWV Solicitors
Partner

Litigation & Recoveries

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News & Events

 
VWV Birmingham Partner Wins Professional of the Year 2017
Congratulations to Dee Kundi a partner in the VWV Birmingham Office who has won "Professional of the Year 2017" at the prestigious Birmingham Awards 2017.
9 Oct 2017
The Bar Council Appoints VWV to Provide Debt Recovery
VWV has been appointed by The Bar Council to provide debt recovery services to its members, including all barristers and chambers in England and Wales.
10 Feb 2017
VWV Scoops Four National and Global Awards for its Litigation and Debt Recovery Work
Litigation and Recoveries department Partner Dee Kundi and her team presented with the 'Best in Litigation - UK 2016' award from Acquisition International
30 Nov 2016