At J&P Credit Solutions we believe that we should only be rewarded when we succeed for our clients. To that end we typically negotiate a CFA pricing structure to ensure that our fees are fair and aligned with the outcome of our actions and advice.
We understand that every client is different and we take a no one-size-fits-all approach to pricing to ensure that we are flexible in meeting our clients' needs.
Oftentimes people think it would be too expensive to have a leading firm of debt collection solicitors on their side; however, you may be surprised to find that our service is a lot more affordable than you think!
We take a transparent, compliant and ethical approach to each and every case we deal with so there are no hidden costs or surprises.
One-off Debt Recovery
Some of our individual and SME clients refer only one or very few debts to us. In these circumstances we can send a letter before action for just £2 plus VAT per letter.
Volume Debt Recovery
For clients that instruct bulk volumes we can negotiate a discounted rate dependent on the number of cases you refer, the nature of the debt and the value of the debt.
Legal Debt Recovery
If you decide to issue legal proceedings there will be fixed costs payable. In the first instance you will need to pay the fixed court issue fee. If the matter escalates to hearing there will also be a fixed court hearing fee payable, however more often than not cases are settled without the need to go to hearing.
There may be other fixed legal fees to pay such as a land registry search fee or a trace fee depending on the circumstances of your individual case.
In all cases we will discuss fees with you in advance to ensure you’re fully aware of any cost implications and can assess the viability of taking legal action.
No Cost Debt Recovery
For some clients who have instructed us to collect statutory interest and late payment charges there have been no fees payable. In these circumstances we do not charge clients commission as we want to ensure that our recovery services are cost-effective and provide value to clients. Wherever possible the costs of recovery are paid for by the defaulting payer.
To get a better understanding of pricing for your individual debt recovery requirements please contact Roger Buss on 020 8290 7315 or email rbuss@judge-priestley.co.uk.