Debt Recovery
Our debt recovery services ensure fluid cash flow
At Mayo Wynne Baxter, we understand the importance of recovering outstanding debts efficiently and professionally. Whether you are dealing with commercial or consumer debt, our expert team provides bespoke solutions to help your business reclaim what is owed.
With over 20 years of experience in debt recovery across our team, we pride ourselves in serving our local community with clear communication and transparent pricing.
We take a structured and proactive approach to debt recovery. From the initial consultation to resolution, we ensure the process is as smooth and efficient as possible to ensure minimal disruption to you and your business.
- Initial consultation: We assess your case to determine the best strategy.
- Debt assessment: We formulate an action plan to recover the debt with minimal disruption to your business.
- Legal action: If necessary, we then take the right legal steps to secure your debt, including sending a letter of claim and or issuing court action.
- Debt recovery and resolution: We work tirelessly to ensure full recovery, using effective negotiation or litigation when needed.
- Post-recovery advice: We offer ongoing advice to ensure you avoid future debt issues.
Before working with us, please ensure that you have already requested payment from the debtor. While we will pursue all available options, we cannot guarantee payment of your debt, even if a judgment is obtained in your favour. We will assess whether interest can be claimed and may add it to your claim. Please note that the above information is for guidance only and should not be considered legal advice
You can find out more information about our pricing on our dedicated pricing page or alternatively get in contact with us and we discuss your requirements.
How our expert team can help you
Litigation and dispute resolution
Our litigation and dispute resolution specialists are dedicated to guiding you through the process of resolving disputes with expert advice and tailored support. From commercial and partnership disputes to contract and property disputes, as well as contentious probate cases, we are here to assist every step of the way.
Our other debt recovery services
Why work with Mayo Wynne Baxter
Our business & commercial solicitors offer tailored legal advice for businesses of all sizes. Our client-focused approach and proven track record make us a reliable partner for businesses seeking legal support.
- Deep business understanding: We know how businesses operate
- Comprehensive services: From contracts to property, we cover it all
- Practical solutions: We offer clear and effective legal advice to complex legal issues
- Proven track record: Clients return to us for our expertise, don't take our word for it read our reviews!
Debt Recovery FAQs
Stage 1 (Before court) – £450 + VAT
Before a matter reaches court, we review all paperwork such as invoices and contracts, undertake relevant searches against the debtor to establish if there is risk of insolvency and where the address is known, we undertake a Land Registry search against the debtor’s property. We will then send a letter of claim against the debtor and report to you, regarding any issues and alternate options such as a Statutory Demand. Payment will then be made to you on receipt or, if the debt remains unpaid, we will proceed to stage 2 if required.
You can find out more information about our pricing on our dedicated pricing page or alternatively get in contact with us and we discuss your requirements.
Stage 2 (Court proceedings) – £600 + VAT
When commencing court proceedings, we will draft and issue your claim. If no Acknowledgment of Service and/or Defence applies, we will apply to the court to enter judgment in default and report the outcome to you.
Upon receipt of the judgment, we will write to the judgment debtor requesting payment. If the judgment debt remains unpaid after 14 days, we can continue to assist you by proceeding to stage 3 if required.
We will inform you of the available enforcement options, and our fees will vary based on the level of service you choose, as outlined below.
- Instruct a High Court Enforcement Officer or a County Court Bailiff – £350 + VAT ·
- Obtain a Charging Order – £530 + VAT ·
- Attachment of Earnings Order – £350 + VAT · Third Party Debt Order – £530 – VAT ·
- Order to Obtain Information from Judgment Debtor – £450 + VAT
Please note that, in addition to our fees, there will be fees payable to the Court for issuing proceedings or applying for enforcement if matters go that far. The fees depend on the value of the claim you are making and can range from £25 to £450 for an online claim or several thousand pounds for high-value claims issued in the Court. The majority of the disbursements will be court fees.
There may be other disbursements and fees to third parties, for example, search fees, process server fees, and agent’s fees to attend court that will need to be taken into account. If the matter becomes defended at any stage, the case is adjourned or there are negotiations, then you will be charged at the hourly rate for the most appropriate legal advisor.
It is obviously difficult to give an indication of our fees for these eventualities.
Our specialist team are here to help you and guide you through the legal process. We pride ourselves on providing exceptional service from outstanding people.
If you’d like to speak to a member of our team, please fill out the enquiry form. We will aim to reply to your query within 4 hours.
Need to speak to someone sooner?
Call us: 0800 84 84 101
What to expect when you contact us
- Once you have completed the contact form or called us, our client service team will call you back, to ask a few questions including your preferred method of contact. This information is then passed directly to the Legal Adviser who will be working for you. Once you are happy to proceed we will gather all the relevant information and your file will be opened almost immediately so we can start work.
- A member of the Client Service Team will keep in contact with you on a regular basis throughout your transaction, to make sure you and them are satisfied with the progress of your matter. There is no additional charge to you for their involvement.
- We are here to assist you and ensure everything proceeds as smoothly as possible. You will have direct contact details for the client service team, who you can contact at any point during your matter.
Our aim is to make the process as easy and uncomplicated as possible for you.