Name: Myerson Solicitors LLP
Address: Grosvenor House, 20 Barrington Road, Altrincham, WA14 1HB, United Kingdom
Telephone: +44(0)161 941 4000

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How We Can Help

Most, if not all, businesses, regardless of the sector in which they operate, are likely to need to pursue an unpaid debt at some time. For most businesses, it is critical that the collection of outstanding debts is managed efficiently to assist cashflow. To do this, you may need the assistance of a specialist debt recovery solicitor to ensure debts are paid promptly.

Whether you are an SME or a large corporate entity with an international presence, Myerson’s highly adept and vastly experienced debt recovery solicitors are experts in advising on all types of debts. We will work with you to compile debt recovery strategies to ensure your debts get paid.

We recognise that debt recovery disputes can arise in a variety of circumstances and we tailor our approach to ensure that our clients achieve the best possible outcome at the most appropriate cost.

Our debt recovery team will evaluate the crux of the issue and provide timely advice regarding the appropriate steps to take.

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About Us

Myerson are a leading commercial firm, which is renowned for its work in resolving debt recovery matters. We are proud to be ranked as Top Tier in the prestigious international directory The Legal 500 who have described us as “dynamic, positive, forward-thinking, effective and tenacious”, “very client friendly” and who give “sound and sensible legal advice”. This means you can be certain that you will be receiving the highest quality legal advice and that we are able to advise you on even the most complex debt recovery issues.

The commercial litigation team contains 10 solicitors and 2 legal assistants and is headed up by Adam Maher whom the Legal 500 rate as a “Leading Individual” and “first-class litigator” with “razor-sharp commercial judgment, tenacity and excellent communications skills” and who “quickly identifies the core issues” and is “extremely robust under pressure”.

Our litigation experts at Myerson are happy to discuss your debt recovery matter in a no-obligation telephone call to assess your claim, give you some preliminary advice and suggest a way forward. We pride ourselves on providing experienced and commercial advice to ensure our clients achieve the right outcome at an appropriate cost.

Myerson is also the Manchester and Cheshire law firm member for the MSI Global Alliance, a top 20 ranked, leading, international association of independent professional firms. This means that if any debt recovery matters we deal with involve an international element, we can call upon the expertise and knowledge of our fellow MSI members to ensure that our client’s global interests are protected.

Commercial Litigation

Our Corporate Debt Recovery Expertise

Every client and case is different, and we are here to support you every step of the way.

We provide a personal, partner-led service. Our experienced solicitors get to know you and your business inside out, so we can best advise you. We know that dealing with litigation can be stressful and we aim to take that stress away from you. We strive to become your trusted advisors, providing value and most of all a genuine, personal service.

We provide the highest level of expertise. Combining commerciality, practicality and legal expertise enables us to deal with debt recovery matters in the most effective way.

You can trust us and you are in safe hands. We help clients nationwide with complex cases, acting for businesses who need help recovering outstanding debts. You can rest assured that our expert team knows its stuff!

Here are a few examples of debt recovery matters we have recently been involved in:

Acting for a landlord with a portfolio of well-established retail town centres in respect of various debt recovery matters relating to rent, service charge and insurance charge arrears.
Acting for a building company who specialise in restoration, structural and building repairs in various debt recovery matters relating to unpaid invoices for construction work carried out.
Acting for an insolvency practitioner in respect of debts owed to a company in liquidation relating to building works carried out at casinos and bingo halls.
Acting for a limited company based in England in respect of an unpaid invoices claim for professional services provided to a Romanian company who was engaged in the oil and gas industry.
Acting for a film company in respect of a claim for unpaid invoices relating to a film that had been produced to advertise the defendant’s business.
Acting for a limited company based in England who provides maintenance services for telephone systems who was owed monies following the defendant wrongfully terminating our client’s contract.
Acting for a limited company who provides support and advice to independent financial advisers in respect of a debt owed by an independent financial adviser which arose as a result of our client having to pay compensation to various individuals who received poor advice from the independent financial adviser.
Acting for a kitchen company relating to a sales agreement which was breached by the debtor in relation to the installation of two new kitchens.
Acting for an engineering company in a dispute over fees owed pursuant to a recruitment agency contract.
Acting for a German company in relation to unpaid invoices relating to trailers and trailer parts ordered by the debtor which was a company based in England.

Our Experience

The solicitors that will be working with you are specialists.

All of the solicitors in our Debt Recovery Team are specialists and have a detailed understanding of debt recovery law and procedures.

Your matter will be handled discreetly and efficiently and overseen by Adam Maher, Partner and Head of the Commercial Litigation Department.

Your team of solicitors will provide practical advice and work with you in order to deal with your debt recovery matters in the best way possible. This means you can concentrate on what’s important, running your business.

To view Myerson Solicitors reviews please visit our Review Solicitors page.

Frequently Asked Questions

How can I recover debts owing to my business?

If the debtor has ignored your emails and telephone calls to pay outstanding debt, the first step we would take would be to send a letter before action to the debtor. This sets out the amount of outstanding debt and how the debt has arisen. In most circumstances, we can add interest and costs onto the original outstanding debt.

Our letter before action would give the debtor a short timescale to respond. In cases where the debt is owed by a business, the debtor is normally given 7 days to pay the debt or respond as to why they think the debt is not owing. In cases where the debt is owed by a consumer, the debtor has to be given 30 days to pay the debt or respond as to why they think the debt is not owing.

If our letter before action is ignored or the debtor does not provide any proper arguments as to why the debt is not owed, we will discuss with you next steps which will normally involve issuing Court proceedings or insolvency proceedings to recover the debt owing.

How much will this cost?

We offer competitive fixed fees for undisputed debt recovery matters. The costs below apply where your claim is in relation to an unpaid invoice which is not disputed and where enforcement action is not needed. If the debtor disputes your claim at any point, we will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee (e.g. if a one-off letter is required), or an hourly rate if more extensive work is needed.

Pre-Litigation

Letter Before Action - £100 plus VAT.

Fees – County Court Proceedings

Debt Amount	Our Fee (excl. VAT)	Court Fee	Total Charges (excl. VAT)	Recoverable from Debtor
Up to £300.00	£130.00	£35.00	£165.00	£85.00
£300.01 - £500.00	£150.00	£50.00	£200.00	£100.00
£500.01 - £1,000.00	£200.00	£70.00	£270.00	£140.00
£1,000.01 - £1,500.00	£250.00	£80.00	£330.00	£160.00
£1,500.01 – £3,000.00	£300.00	£115.00	£415.00	£195.00
£3,000.01 - £5,000.00	£325.00	£205.00	£530.00	£285.00
£5,000.01 - £10,000.00	£350.00	£455.00	£805.00	£555.00
£10,000.01 - £200,000.00	£450.00	5% of the value of the claim	£450.00 plus the Court fee	£100.00 plus the Court fee
Exceeds £200,000.00 or is not limited	£600.00	£10,000.00	£10,600.00	£10,100.00

Fees – Entering Judgment

Debt Amount	Our Fee (excl. VAT)	Court Fee	Total Charges (excl. VAT)	Recoverable from Debtor
£25.00 - £5,000.00	£120.00	None	£120.00	Between £22.00 and £25.00
Over £5,000.00	£150.00	None	£150.00	Between £30.00 and £35.00

Please note that:

The VAT element of our fees cannot be reclaimed from your debtor.
Interest and compensation may take the debt into a higher banding, with a higher cost.
The costs quoted above are not for matters where enforcement action, such as instructing bailiffs, is needed to collect your debt.

Our fees include:

Taking your instructions and reviewing documentation.
Undertaking appropriate searches.
Sending a letter before action.
If the debt is not paid following the sending of the letter before action, drafting and issuing Court proceedings.
Where no Acknowledgment of Service or Defence is received, applying to the Court to enter Judgment in Default.
When Judgment in Default is received, writing to the debtor to request payment.
If payment of the Judgment is not received within 14 days, providing you with advice on the next steps and likely costs.

How long will it take to recover the debt?

Matters usually take 12-16 weeks from receipt of instructions from you to receipt of payment from the debtor, depending on whether or not it is necessary to issue a claim. This is on the basis that the debtor pays promptly on receipt of a Judgment in Default. If a matter becomes defended and/or enforcement action is needed, the matter will take longer to resolve.