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Debt Recovery Prices

Debt Recovery Prices

Wace Morgan offers an effective Debt Recovery service at competitive prices.

Why Us

Debts can arise in all walks of life and we regularly advise and assist businesses and individuals alike.

Our approach, underscored by years of experience, has proven that cajoling, persistence and the personal touch are effective tools to ensure that poor payers pay you.

By placing your unpaid bills with Wace Morgan, you can be assured of:

  • Personal and individual attention
  • Persistent yet sensitive follow-up to each matter
  • Regular feedback so that you are kept fully aware of progress.

Our Debt Recovery specialist, Glenda Hammond, is an ex-Court Manager with 40 years experience in this area of work. When discussing matters with clients, Glenda strives to balance a no-nonsense, ‘jargon-free’ manner with sensitivity.

She has achieved impressive results for her clients, including recovery of £150,000 of outstanding money for one medium-sized enterprise.

We are proud to hold Lexcel Accreditation, issued by the Law Society. This involves the firm undergoing a rigorous audit process which ensures we maintain high levels of client care.

Debt Recovery Prices

We review our fees on a regular basis, considering client’s feedback, to ensure we continue to offer a cost-effective debt recovery service.

Below we set out the process of recovering funds, as well as the fixed fees charged for debt claims that are not contested.

If during the debt recovery process, the matter becomes disputed or enforcement action is required (where you need to appoint a bailiff), we will discuss the best options for you including the cost of proceeding with your case. 

Letter Before Action

£110.00 + VAT Upon receipt of your instructions we will send a letter to the person who owes money to you. This includes one follow up letter, if necessary.

Often, this process is sufficient to recover funds and we pass on recovered funds to you. However if this is unsuccessful, upon your instructions we will issue a court claim, and the fees shown in the table below will apply:

Starting a Court Claim

Amount of claim Court fee Our fixed charge Total cost to you
Up to £300 £35.00 £100.00 £135.00
£301 to £500 £50.00 £100.00 £150.00
£501 to £1,000 £70.00 £100.00 £170.00
£1,001 – £1,500 £80.00 £150.00 £230.00
£1,501 – £3,000 £115.00 £200.00 £315.00
£3,001 – £5,000 £205.00 £200.00 £405.00
£5,001 – £10,000 £455.00 £250.00 £705.00
£10,001 plus We will discuss this with you

Please note:

  • You are entitled to claim Interest @ 8% p.a. from the person against whom you are claiming and this is added to the claim.
  • The Court allows you to recover the Court Fee and an element of our charges from the Defendant (not including VAT).
  • Court fees are payable at each stage of the proceedings and we will ask you to pay these to us in advance as well as a sum to cover our charges.

Our debt recovery prices on entering Judgement

  Claim up to £5,000 Claim over £5,000
No reply £25.00 £35.00
Accept offer £40.00 £55.00
Court decides payment £55.00 £70.00


Our Debt Recovery price is fixed and include items detailed above, however there may be factors which would typically increase the cost of the fees.

Generally this is the case when the Defendant does not pay following Judgement. Where there is likely to be any additional cost, we will make sure you are informed of your options at the earliest opportunity and a clear estimate of any extra costs will be provided.

Factors that may lead to an increase in cost include:

  • Enforcement proceedings (including additional Court Fees)
  • Instructing a Bailiff

Time Scales

A typical debt recovery will take between 4-6 weeks, from instruction through to payment from the other side.

This may be longer depending on whether we are required to issue a court claim and whether the other side pay promptly on receipt of any Judgment issued by a court.

As detailed above, if enforcement action is required, we will discuss the fees and timescales involved.


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