Steven Mather Solicitor in Leicester

Debt Recovery

Debt Recovery Solicitor in Leicester

Debt Recovery Solicitors in Leicester

I’m Steven Mather and I’m an expert in Debt Collection. Since I qualified as a solicitor in 2008, I have dealt with hundreds of debt recovery matters and every time we strive to provide:

Urgent Debt Recovery Advice?

Do you have an urgent debt recovery matter?

It’s easy to instruct me for debt collection matters online. I will usually write a 7-day letter within 24 hours of instruction.

What is Debt Recovery?

Getting Paid. Well, at least that’s how I do it.

For any business, cash is king. Ensuring cashflow means ensuring that invoices are raised promptly to your customer and that you get them to pay quickly too.

Where a customer hasn’t paid, your options are to continue pressing yourself for payment or you can instruct me as your Debt Collection Solicitor to recover your debt for you.

I start by writing a formal 7-day solicitors letter to them, informing the debtor that I am instructed (through National Law Firm, Nexa Law) and demanding payment.

If payment is not received, then I will look to issue County Court Proceedings (subject to your instructions to do so).

Why use me as your Debt Recovery Solicitor Leicester?

Steven Mather is a very experienced litigation solicitor. I have dealt with possibly thousands of debt matters. I have acted for clients with one niggling debt, to clients with large scale debt collection requirements with 100’s of debtors.

For me, it’s about getting your invoice paid as quickly as possible, with the lowest cost possible to you.

I can help you from start to finish. General steps in a debt recovery process include:

How quick is our Debt Recovery?

I will issue a 7 day letter before action solicitors letter usually within 24 hours of instructions.

This gives the debtor 7 days to pay, allowing 2 days for the letter to be posted.

If your debt remains unpaid after 10 days, I will issue proceedings. I aim to do this within the following 7 days. The Court can take up to 2 weeks to issue a Claim, but it is usually done within a few days and sent to your debtor by the Court directly. The Debtor has 14 days to file a Defence or Acknowledgement of Service. The deadline for filing a defence can be extended by the Debtor for a further 14 days if they request more time. If a Defence is filed, your matter will become a disputed claim and fall outside of the debt recovery process and costs.

If the claim is not disputed, Judgement will be requested and thereafter enforcement of the County Court Judgement (CCJ) as soon as possible. I will explain your options at that time.

Usually, I find that in around 80% of the cases, the debt is paid following our initial 7-day letter.

Recent examples of debt recovery

Here’s a sample of the kinds of breach of contract disputes I’ve dealt with recently:

How much does Debt Recovery cost?

My debt recovery fees are as follows:

Initial 7-Day Letter

My debt collection 7 day letters are effectively free! I only charge you if the debtor pays as a result of our letter. In these circumstances the fees you will pay are:

Court Claims

Where a debt remains unpaid and undisputed, and you have taken advantage of the free 7-day debt collection letter service, I will expect you to provide instructions to issue Court Proceedings. The costs are as follows:

Debt valueCourt feeLegal fee
Up to £5,000£185£250 plus VAT
plus compensation and
interest
£5,001 – £10,000£410£400 plus VAT
plus compensation and
interest
£10,001 – £50,0005% value of the claim£750 plus VAT
plus compensation and
interest

Anyone wishing to proceed with a claim should note that:

The fee includes:

Please note, if the Debt Claim is defended by your debtor, it will become a disputed claim and the matter will no longer be considered a debt matter, and the usual contract disputes costs will apply.

Next Steps

If you’re unsure on the question of fees, or on any aspect of debt collection then speak to me a proven debt recovery solicitor Steven Mather.

Just fill in the form on the side of this page, or give me a call to discuss further.

Instruct Me Now

To instruct a debt collection specialist, contact me now.

Steven Mather

Debt Recovery Solicitor

Call on 0116 3667 900 or email steven@stevenmather.co.uk

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