Woolley & Co has prepared this checklist for companies who are considering using our Debt Recovery Service. It explains, step-by-step the process for debt recovery and helps you to understand what's involved and how much things cost.
| Action to be taken | Who is responsible? | Potential Cost | |||
| You | Debtor | Woolley & Co | Court | ||
Provide full details of debts including:
|
|
|
|
|
|
| Letter sent to debtor requesting payment within 48 hours |
|
|
|
|
£15 +VAT |
| Payment made (case closed) |
|
|
|
|
|
| Confirmation to proceed to Court and payment of court fees |
|
|
|
|
|
| Proceedings issued |
|
|
|
|
£80 - recoverable from debtor |
| Court sends papers to Debtor |
|
|
|
|
nil |
| Judgement |
|
|
|
|
nil |
| Payment made (case closed) |
|
|
|
|
|
| Debtor offers a defence |
|
|
|
|
|
| Small claims hearing arranged |
|
|
|
|
nil |
| Attendance at small claims hearing |
|
|
|
|
Rate to be agreed based on our standard rate of £150 per hour |
| Payment made |
|
|
|
|
|
| Costs order issued |
|
|
|
|
nil |
| Costs paid (case closed) |
|
|
|
|
|
