Commercial Debt Recovery
Jarmans Solicitors have extensive experience in proactively recovering commercial debts.
Our dedicated team work hard to recover debts as quickly and effectively as possible and always take the Late Payment of Commercial Debt (Interest) Act 1998 in to account. In some instances, the interest payments received can offset our costs.
Our standard procedure is to initially approach your debtor by letter, outlining what needs to be paid. If this approach is unsuccessful, our team will then request your permission to commence court proceedings.
We believe in maintaining a clear pricing structure for commercial debt recovery. For volume work we are able to offer the below reduced fees.
- Statutory Demand – £50 +VAT
- Issuing a petition – £150 +VAT (plus court fee)
- £50 for letter of claim
- £250 for issuing claim, plus court fee
- Rest of fees will be advised
Our Debt Recovery FAQs explain the process in more detail.
If you have found yourself in a situation where you are chasing a commercial debt or are having difficulty recovering moneys owed to you or your business, contact our Commercial Debt Recovery Team to make an appointment.
From the moment I instructed Jarmans Solicitors I felt confident this would be a quick and seemless purchase, unlike my previous Solicitors! Sonia Thrower in particular was amazing at keeping me updated throughout.
We have just successfully purchased our first home with the help from Sonia Thrower at Jarmans. We are very impressed with the service that we received, at first we were quite worried as the person that was given our case had left and Sonia took over at very early stages. With our purchase it was very different to normal as we also had land attached to our property where it started to get a little confusing with title numbers etc
Jarmans Solicitors are friendly, welcoming and very Professional. Great attention to detail, wouldn't hesitate to use them again. Thank you to Julia for all your help.
“Good morning Kendra, I wish to thank you for acting so brilliantly on my behalf; your calm, knowledgeable, compassionate approach reassured me and gave me confidence with the decisions I made (as a result of your counsel) during a difficult and challenging time. I have appreciated the regular phone calls and timely communications from you, it has been a privilege to work with you and I am happy with the outcome you have worked to achieve for me. As you are aware, what happened