If you or your business is owed debts of over £600, we can offer a simple no fuss solution to the problem. We offer an efficient, tried and tested process for chasing “bad payers” which is provided by our Dispute Team.
We will send a Letter Before Action to your debtor, warning them that court action will be taken unless payment is made without further delay.
In the event that the debtor fails to pay or respond to the letter, we will swiftly issue a Court claim on your behalf in respect of the debt, interest, fixed legal costs and any compensation to which you may be entitled.
Once we have obtained the Court Judgment we will arrange to instruct a High Court Enforcement Officer to arrange to attend upon the debtor’s premises. They will try to obtain payment from the debtor or otherwise seize any goods belonging to the debtor to sell to realise the debt.
The amount of the debt in question will dictate the preferred action. Our fees in relation to recovery of debts up to £100,000 can be broken down as follows:
Court fees for sums from £1 to £9,999 are set on a scale dependant on the level of claim. The court fee on claims of £10,000 and above is set at 5% of the total amount claimed including interest.
If an Acknowledgement of Service is received advising that the Defendant intends to defend the claim you will need further advice. This further work will be calculated on an hourly rate dependent on the level of experience of the most suitable lawyer. The hourly rate will be between £185 and £275 per hour plus VAT. We will need to consider with you what evidence is likely to be needed to progress your claim and give you an estimate of the potential cost to trial, which is bespoke to your claim, including the cost of further fees to be paid to the court.
If you are considering proceeding with a claim you should note that the VAT element of our fee cannot be reclaimed from your debtor and the costs quoted are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.
Please remember that all details of our fees and disbursements will be given to you, as well as our terms and conditions, prior to the commencement of any work on your behalf. Gotelee is very proud of the Price Promise on fixed fee work which means no surprises.
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