FAQs

How much does commercial debt recovery cost?

Thomas Higgins uses transparent fixed fees, with a Letter Before Action from £25.00 plus VAT. Further costs depend on the debt value and legal stage.

Can I recover debt collection costs from the debtor?

In qualifying commercial debt cases, you may be able to recover certain legal costs, statutory compensation and interest from the debtor.

What is the first step in recovering a business debt?

The first step is to send a Letter Before Action, which formally warns the debtor that court proceedings may follow if payment is not made.

How long does a debtor have to respond to court proceedings?

Once served with a claim form, the debtor normally has 14 days to admit and pay, negotiate or defend the claim.

What happens if a debtor ignores a County Court Judgment?

If the debtor does not pay after judgment, enforcement action can be taken through the appropriate court or enforcement officer route.

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