Debt Recovery Services
Late payments and unpaid debts can cause serious disruption to businesses, and in some cases, lead to failure.
If you’ve fulfilled your part of the agreement, you deserve to be paid.
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Let Fletcher Hixon take the strain.
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Fully Outsourced Debt Recovery Service
Fletcher Hixon provides a fully outsourced debt solution, where we undertake all actions in respect of your overdue accounts and disputed debts.
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Our expert team of paralegals and lawyers work hand in hand to ensure that each matter is handled quickly, compliantly and professionally, whilst always maintaining your important client relationships.
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We take each case from initial demand through to judgment and enforcement, and handle everything in between.
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Our fees for the fully outsourced model are negotiable, but shall provide you with the maximum return on your investment.
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Hybrid
With our hybrid service, you take control of the day to day collections activity, but know that our team is on hand to support and assist in any difficult matters at the pre-action stage, including alternative dispute resolution.
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Litigation
Where it has not been possible to resolve claims at the pre-action stage, Fletcher Hixon is on hand to assist you in recovering your debt through litigation.
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Our lawyers have extensive experience acting in debt recovery matters, ranging from small claims below £10,000 to multi-million pound claims in the High Court.
We shall guide you though the litigation process, providing expert advice and strategy.
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Something else in mind?
If our service options above do not quite hit the mark, please get in touch to discuss your needs and requirements and we shall be happy to consider alternative solutions.
Debt Recovery Fees
Outsourced Model and Hybrid Model
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For our outsourced and hybrid solutions, our fees will be based upon the volume of matters you instruct us upon. Get in touch today so that we can build a quote.
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Debt Recovery Fees - Claim Value up to £100,000
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Litigation Claims
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Our Fees set out below apply where your claim is in relation to an unpaid invoice or other matter which is not disputed and enforcement action is not needed.
​If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.
Our Fees for Litigation Claims
Undisputed Debts
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Debt value - Up to £5,000
Court Fee - between £35 to £205.
Our Fee (Excl VAT) - £250
Debt value - £5,001 to £10,000
Court Fee - £455.
Our Fee (Excl VAT) - £750
Debt value - £10,001 to £100,000
Court Fee - 5% of Claim Value
Our Fee (Excl VAT) - 10% of Claim Value
Court Fees
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The current court fees payable can be found at:
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https://www.gov.uk/make-court-claim-for-money/court-fees
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Anyone wishing to proceed with a claim should note that:
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The VAT element of our fee cannot be reclaimed from your debtor.
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Interest and compensation may take the debt into a higher banding, with a higher cost.
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The costs quoted above do not factor in any enforcement costs should enforcement become necessary.
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We shall provide you with details of any additional fees payable in order to enforce the judgment.
How long will it take?
Where litigation is not required, matters usually take 4 to 8 weeks from receipt of your instructions to receipt of payment.
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Where litigation is required, if no Acknowledgement of Service or defence is filed, then applying for and obtaining Judgment in default can take between 2 to 4 months.
If enforcement action is needed, the matter will take longer to resolve.
Where a matter is defended, we shall inform you of the various steps and likely timetable which are variable per claim.