By using this website, you accept our use of cookies. Want to know more?
ACCEPT

Debt Recovery


Our team of specialist Debt Recovery Solicitors have years of experience helping both Private Individuals and Commercial Clients pursue and recover outstanding debts.


Whether you need help with Personal Debt Recovery or your business needs Commercial Debt Recovery, we can help you to achieve a swift and satisfactory result. We understand that recovering a debt can be a daunting and stressful issue - that's why we provide a simple streamlined debt recovery service, tailored to you. We will resolve your issue as quickly and efficiently as possible, while maximising the amount recovered.


Our team of highly experienced Commercial Debt Recovery Solicitors conduct one-off and volume work, including Mortgage Repossession, for major lenders, banks, building societies and financial institutions, as well as third party companies.

In addition, we also have a specialist Credit Hire Recovery team working with national credit hire providers to recover unpaid invoices from third parties and their insurers.


How We Can Help

Our team of specialist Debt Recovery Solicitors can provide you with expert advice and legal representation, helping you to pursue your issue to a swift and satisfactory result. Our success rate for recovering debts is the best in the market. Our approach is sensible and quick, with effective decision-making to ensure you receive the right result, and your money, in the fastest possible time.


Our reputation alone will ensure that you have the best possible chance of recovering your monies. Opponents know that if MTA Solicitors are involved, you are serious about pursuing the matter and will not be afraid to use the court system if necessary to ensure your monies are recovered.


To discuss our Debt Recovery services, call us on 0208 437 0731 or click here to make an Online Enquiry and we will call you back.


For further information on areas of Debt we cover, click on the links below:

Contact us now on 020 8437 0731 or request a call back.


MTA Solicitors - Solicitors in Bromley.

DEBT RECOVERY – JAIME SALMON


About Jaime
Jaime is proficient in invoice debt and is able to litigate through to enforcement.
Jaime has worked in legal practices, specifically in debt recovery, since 2000 and worked for MTA Solicitors since 2007.


MTA FEES


Fees for undisputed business debt recovery listed below. For disputed debt or personal debt recovery fees please contact us: 0208 437 0731.


Pre litigation claims
Debt value Our fee (incl. VAT)
Below £1,000 £100.00 plus vat
£1,000 - £2,500 £200 plus vat
£2,500 - £5,000 £325.00 plus vat
£5,000 - £10,000 £475.00 plus vat
Over £10,000 £650.00 plus vat


Anyone wishing to proceed with a claim should note that:


  • The VAT element of our fee cannot be reclaimed from your debtor.
  • Interest and compensation may take the debt into a higher banding, with a higher cost.
  • The costs quoted above are not for matters where litigation is commenced via the Court.

Our fee includes:


  • Taking your instructions and reviewing documentation
  • Sending a letter before action
  • Advising you throughout the claim

In addition to the above, should you require MTA Solicitors to monitor payments from your debtor a fee of £5.00 plus vat will be charge per instalment received.


Litigation - Court Claims
These costs apply where your claim is in relation to an unpaid invoice 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.


Debt value Court fee Our fee (incl. VAT) Total
Up to £300 £35.00 £150.00 plus vat £215.00
£300 - £500 £50.00 £150.00 plus vat £230.00
£500- £1,000 £70.00 £150.00 plus vat £250.00
£1,000 - £1,500 £80.00 £250.00 plus vat £380.00
£1,500 - £3000 £115.00 £250.00 plus vat £415.00
£3,000 - £5,000 £205.00 £400.00 plus vat £685.00
£5,000 - £10,000 £455.00 £600 plus vat £1175.00
Greater than £10,000 5% of the value of your claim £850.00 plus vat £ TBC


Anyone wishing to proceed with a claim should note that:


  • The VAT element of our fee cannot be reclaimed from your debtor.
  • Interest and compensation may take the debt into a higher banding, with a higher cost.
  • The costs quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.

Our fee includes:


  • Taking your instructions and reviewing documentation
  • Sending a letter before action
  • Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing claim
  • Where no Acknowledgment of Service or Defence is received, applying to the court to enter Judgement in default
  • When Judgement in default in received, write to the other side to request payment
  • If payment is not received within 14 days, providing you with advice on next steps and likely costs of enforcement

In addition to the above, should you require MTA Solicitors to monitor payments from your debtor a fee of £5.00 plus vat will be charge per instalment received.
Matters usually take 2 – 10 weeks from receipt of instructions from you to receipt of payment from the other side, depending on whether or not it is necessary to issue a claim. This is on the basis that the other side pays promptly on receipt of Judgement in default. If enforcement action is needed, the matter will take longer to resolve.


Title *
Name *
Surname *
Email *
Telephone *
Enquiry type *
When would you like to be called?


What time? *
call me back
* compulsory field
Contact one of our team
Call 0208 437 0731 or Make an Online Enquiry