Free initial consultation
to allow us to discuss the merits of your case.
Fighting for recovery
of the money you are rightly entitled to.
Taking care of your matter
from enquiry through to completion.
Cashflow is important for any business and we understand. As a business, you provide goods or services (amongst other things) and you expect to receive payment in return. You will invoice your clients, suppliers, contractors, or any other third party and expect to be paid on time.
Information regarding our fees can be found in the following places:
We advise reading through these in detail.
All fees charged by the Firm are 20% VAT payable, which is currently set at 20%.
What is the first step when taking debt recovery action?
The first step when pursuing a business or an individual for a debt is to write to them and put them on notice of your intended claim. If it is a business-to-business transaction, you would make a final demand for payment and enclose their invoice.
If it is an individual you are pursuing, you will need to provide them with additional information as the rules differ when pursuing a debt from an individual.
What do we do after the first step?
If writing to the debtor does not prove fruitful, we would prepare to issue proceedings on your behalf. This would include drafting the Claim Form and Particulars of Claim to be filed and issued by the court.
The court will then serve the papers upon the debtor and the debtor will either pay the debt or will defend the claim.
How long can this take?
This varies on a case-by-case basis. The debtor might choose to pay straight away, or they might choose to defend the claim by disputing the invoice/services/goods provided and continue to trial.
Trial might not be considered for listing until a few months into the claim and may not be formally listed until possibly 6–12 months down the line.
How much will this cost?
For claims worth over £10,000, we can consider a no win / no fee arrangement, however, this will depend entirely upon the prospects of your claim succeeding. This is our own assessment, based on the facts. If your claim is under £10,000, your claim will be allocated to the small claims track and we will be unable to recover our costs.
Private fees based on our hourly rate will apply where a no win / no fee agreement is not viable. It is important that our fees do not outweigh the debt you are looking to recover, and this will need to be explored at the outset with you.
Information regarding our fees can be found in the following places:
A full list of our Debt Recovery Fees can be read here.
Our Fees overview page can be found here.
We advise reading through these in detail.
All fees charged by the Firm are 20% VAT payable, which is currently set at 20%.
Why should I choose Oakwood Solicitors Ltd?
From the start of your claim until the conclusion you will have a dedicated advisor who will run your claim, assisting you in the event of any queries or issues you may have.
Regular updates will be provided by your case handler up until your claim has ended. This is to ensure the process is as stress-free and effortless as possible.
If you believe or feel you have a claim, contact us for a free initial consultation regarding your options:
Katie Bell is a Director, Solicitor, Higher Rights Advocate Civil Proceedings, who is the Head of the Cost Department. Katie has worked for the firm since November 2010, specialising in Cost Litigation since 2015. Katie deals with all areas of Cost Litigation for the firm from start to completion.
She has worked in Payment Protection Insurance, Road Traffic Accident and Criminal Injury claims. Her costing work has given her insight into Industrial Disease, Psychiatric Injury, Employment and Public Liability and Clinical Negligence claims.
Katie is passionate about ensuring the firm’s cost recoverability is exceptional and all matters are dealt with to a high standard. Her strengths also lie in advocacy, ensuring that the firm obtains successful judgments were possible and recovers their costs of the same in Civil Litigation.
As our Training Principal, Katie is dedicated to ensuring that trainee Solicitors develop the required skills and attributes to become Solicitors. Katie is known for her detailed drafting ability and strong negotiation skills that ensure high settlement for the firm. She loves the White Book and is very keen on all aspects of the CPR.
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