If you’re a business owner you’ll know how important it is to receive payment promptly, and the detrimental impact that late or unpaid invoices can have on your business, from causing uncertainty and disrupting cash flow to potentially damaging your reputation if you’re unable to pay your staff or creditors.
At Rothera Sharp our debt recovery team specialises in recovering commercial debt for businesses, credit control and rent recovery on residential and commercial properties. Our primary aim is to provide a tailored debt recovery/collection service, ensuring that your money is recovered at minimal cost to you.
Our basic rates for debt collection on undisputed, straightforward debt recovery matters can be found in detail on these pages:
Stage 1: Pre legal collections: Letter before action, Statutory Demand – Click here to view our fees
Stage 2: Court claims-issue claim/Issue of Proceedings – Obtaining Judgement – Click here to view our fees
Normal hourly rates apply to disputed cases. These are between £144 (incl. VAT) – £288 (incl. VAT) depending on experience:
Paralegals: £144 (incl. VAT)
Trainee solicitors: £150.00 (incl. VAT)
Solicitors and Legal Executives: £216.00 (incl. VAT)
Associate Solicitors or equivalent: £240.00 (incl. VAT)
Senior Associates and Associates with 15 years or more experience: £264.00 (incl. VAT)
Partners: £288.00 (incl. VAT)
Our debt recovery department is headed up by Terhi Sygrove. Terhi has over 10 years’ experience as a debt recovery manager and can provide expert legal advice on commercial and consumer debt recovery as well as national and international credit control. She also represents unpaid creditors, suppliers, liquidators and also advises on credit control procedures and practice.
Terhi is a committee member of the East Midlands Branch of the Chartered Institute of Credit Management (CICM) and also represents the firm in the League International for Creditors (LIC), a global network of credit and legal professionals.
Terhi also advises and represents landlords and letting agents in relation to the recovery of rent arrears and possession proceedings.
Our debt recovery team is supported by commercial litigation specialists Richard Hammond and Richard Bates, who handle disputed or complex claims professionally and efficiently and can also advise on business debt recovery, commercial debts and prospects of recovery.
Listed below are the profiles of our Debt Recovery team where you can find out more about their experience and qualifications.