Debt Recovery
Recover debts faster, without compromising or damaging client relationships
Why Choose
Us?
Fast recovery strategies
Fixed Fees and transparent pricing
Highly experienced credit managers and litigators
Litigation ready from day one
Flexible services
No contractual tie in
Entirely remote service, so we have national reach.
Our Services
We offer clients complete flexibility.
From instructing us to collect a single debt, to providing a fully outsourced model, Fletcher Hixon is happy to facilitate any structure to suit your needs.
No long term contracts, transparent pricing, friendly and efficient service tailored directly to your needs.
Single Debts
Single Debt Fee
Issue a Letter Before Action for a fixed fee of £75.
In most cases, this fee can be added to the debt and recovered from the debtor.
Hybrid Service
We work in conjunction with your in house team, providing support where required.
This service can be provided on a fixed fee or variable fee basis.
Fully Outsourced Service
Fully outsource your debt collection needs to Fletcher Hixon.
Our expert team work tirelessly to recover what you are owed.
Our outsourced service is provided at a discounted rate.
Litigation and Alternative Dispute Resolution
We recover most debts at the pre-action stage, however for those that remain unpaid due to demands being ignored, or due to a dispute, we can progress the claim by issuing legal proceedings in the County Court or High Court.
As part of the legal process, parties are expected to try and reach agreement at all times, so we shall also be on hand to utilise Alternative Dispute Resolution strategies to recover the balance you are owed.
Our Fees for Litigation
Claims
Where litigation is necessary, you are required to issue a claim at court by filing a Claim Form and Particulars of Claim.
Our fee for preparing your Claim Form and Particulars of Claim in undisputed claims* is set out below:
For Undisputed Debts up to £100,000
Debt value - Up to £5,000
Our Fee (Excl VAT) - £250
Debt value - £5,001 to £10,000
Our Fee (Excl VAT) - £750
Debt value - £10,001 to £100,000
Our Fee (Excl VAT) - 10% of Claim Value
The Court Issue Fee is payable in addition to our fees.
*Undisputed Claim means that the debtor has not provided any form of dispute to the debt demand in pre-action correspondence.
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. We may agree to charge on a fixed fee basis (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.
Claims Exceeding £100,000
For any claim value exceeding £100,000, we will agree the costs for drafting the claim, the proposed budget and fee options.
Court Fees
The current court fees payable can be found at:
https://www.gov.uk/make-court-claim-for-money/court-fees
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.
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. The timeframe is reflective of the time period we are required to provide to the debtor under the relevant pre-action protocols.
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.
Contact us today
To arrange a free, no obligation meeting to discuss your legal needs, please complete the form. We will respond within 24 business hours.
Call us
Call us on 0113 2674490 and one of our team will be happy to assist.
