BUSINESS - Debt Recovery

Debt Recovery is the process of collecting unpaid invoices by way of enforcement through the court process.  It is intended for use in situations where credit terms have been exceeded and the client simply can’t or won’t pay.  It is not intended for situations where there is a reasonable dispute about something.

Of course, you often don’t know if your client legitimately disputes payment at the time the invoice becomes overdue.  So you can use our Debt Recovery service and then, when a dispute transpires, move into Dispute Resolution.  Depending on the circumstances, that may mean looking to move the dispute out of court and to resolve it in a more commercial and cost effective manner.  That is what we specialize in.

Our fees for Debt Recovery work are on a fixed basis.* Outlays (e.g. court dues or sheriff officer’s fees) are charged on top, but these are minimal.  The table below shows the stages involved in Debt Recovery and our corresponding fees.

* Work falling outwith Debt Recovery, including advisory work, may be charged for in addition.

** If the action or petition is not opposed the court is likely to award expenses and interest on top of the sum claimed.  If the expenses are greater than our fees and are recovered from the debtor, we will simply retain those instead of taking the fee from you and you will get any interest.  Otherwise, you will pay our fees and you will receive, to the extent recovered from the debtor, the sum claimed, the expenses and the interest.

Please contact us  should you wish to use our Debt Recovery service.