Debt Collection

Does your Business experience difficulties with Customers and Clients who do not pay their Bills or Accounts ?

Do you feel frustrated when you cannot collect monies owed to your Business?

Your Business may, from time to time experience difficulties recovering such monies and in many situations the only recourse open to your Business is to recover the money owed through the formal legal process of debt recovery.

What we can do for you

We have a very successful track record in recovering monies, including costs for businesses like yours. We listen to the needs of our Clients and understand that it can be frustrating and time consuming for Businesses to try and recover these debts themselves.

The Debt Collection process can be procedural, off putting and lengthy. We will deal with the recovery of the debt from the start and advise you when you need to sign the relevant paperwork for each stage of the recovery process. At certain stages your attendance in Court may be necessary. At all times we will keep you informed and more importantly will take the stress of recovery off your Business so that your Business can continue to move forward.

We work on a Collection Commission basis of 20% plus vat @21%, on recovered monies together with the necessary outlay incurred by us to take the claim through the different stages of the Court.

The costs of Debt Collection is governed by a Scale Fee which is determined by the Courts Services. In our view, the Scale Costs do not reflect the complexity of the work which can be involved, and therefore it can be uneconomical for Solicitors to act in this area. The Scale costs awarded have remained static for over eight years and this is why we charge a Collection Commission of 20% .

Collection Commission is however subject to 21% vat together with the costs of making the various Court Applications. It is important to remember where the Court Process is successful the costs are also paid by the Debtor.

We will advise you of the costs of the Debt Collection Process from the outset. If matters become more complex and complicated we will discuss the situation with you before any further action is taken which would involve you in further costs.

At the outset, we will advise you if particular debts are in the circumstances, worth recovering as we appreciate your Business is trying to recover money and does not necessarily want to incur greater costs in the pursuit of same.

For further information please contact: us at 023-8844211 or e-mail:

Laura Wycherley

lwycherley@bandonsolicitors.com.