We specialise in business debt recovery and pride ourselves on recovering your bad debts using our fixed fee process.
Our Corporate Debt Recovery process starts with correspondence and is finally backed by enforcement through the law.
The first step in the debt recovery process is a letter of claim. If we are able to recover your bad debt as a result of a Letter of Claim, we will limit our costs to just £10.00 +VAT. We will automatically calculate statutory interest that you are entitled to claim from the debtor.
If further actions are needed the costs of debt recovery can be easily managed with our fixed fee debt recovery service. There are many advantages of using Pengillys for debt settlement; we make the process straightforward to understand, and our fixed fee mean that your costs can be precisely worked out in advance, so you can get debts paid as quickly as possible.
In addition to reclaiming the debt recovery court fees you will be entitled to proportionally recover your costs as well. Please have a look at our debt recovery case studies for examples of recovery when a Letter of Claim or a Court Summons has been issued.
Pengillys can also provide you with many other solicitor services in the commercial or personal sector. Please see how Pengillys may be able to help you at the Pengillys Solicitors and Mediators website.