Fixed Price, Low Cost Debt Recovery

An introduction to low cost, fixed price debt recovery

When someone owes your business money, the first thing that takes a hit is your cash flow.

For some people, that can mean the difference between make and break. So here’s a bit of good news for a change – Wilson Browne Solicitors offer fixed price, low cost debt recovery.

You don’t have to be based in Northampton, Kettering, Corby, or Northamptonshire…..we can help pretty much regardless of where you are. If you’d prefer to meet at our offices, we can meet you across Northamptonshire and Leicestershire in Northampton, Kettering, Corby, Higham Ferrers, Wellingborough and Leicester.

Sending out one of our formal letters as soon as you possibly can is often the quickest, most economical way to recover the debt. Many businesses get such a good payment return from this simple first step, that’s all they ask us to do.

How it works

We offer:

• Fixed price pre-action letter (minimum fee applies)
• Late Payment interest and compensation calculated and added where appropriate at no extra charge
• Free credit checks on debtors before proceedings
• Fixed costs proceedings
• Enforcement of Judgments – that’s why you can trust us to help you get your money.

We’ve been active in debt recovery for local businesses for over 25 years.  That’s why you can trust us to help you get your money.

The process

1. Initial Review and assessment – we will review invoices, correspondence and outstanding amounts. This allows us to assess your claim and advise you on the best course of action.
2. Letter Before Action – We will then send a formal letter known as an LBA (Letter before action). An LBA is a formal written notice that states the debt owed and expresses a demand for payment within a specified period. It serves as a final warning before legal proceedings are initiated in accordance with the applicable protocol.
3. Negotiation – where appropriate we will attempt to negotiate with the debtor to recover the amount owed.
4. Legal Proceedings– We find that most debtors make payment once they have received our initial letter, if this is not the case and they fail to make payment, respond or even dispute the debt then we can discuss taking the matter further and commencing legal proceedings should the need arise, together with any additional amount you can recover.
5. Statutory or contractual interest and/or compensation.  In commencing legal proceedings, we also claim statutory or contractual interest and/or compensation meaning we can often recover more for you than the original debt.

Instructing us is easy – all we need is the unpaid invoice (which you can email, fax, post or drop in to us). Next, we’ll send a letter that complies with the Court rules, let you know when it’s gone, and when you can issue proceedings if you don’t get settlement.

Download our free guide to debt recovery

Need to know more? Download our free guide.

Debt-Recovery-Guide

For more information on how we can help give us a call on 0800 088 6004.