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 work 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, handling everything in between.
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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.
Our Fees for Litigation Claims
Undisputed Debts up to £100,000
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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
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Debt Recovery Fees - Claim Value up to £100,000
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​Our fees above 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.
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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 specific to your case.