Debt Recovery Fees
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 Rotheras 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.
Normal hourly rates apply to disputed cases. These are between £144 (incl. VAT) – £288 (incl. VAT) depending on experience:
Paralegals: £168 (incl. VAT)
Senior Paralegals: £180 (incl. VAT)
Trainee solicitors: £174.00 (incl. VAT)
Solicitors and Legal Executives: £240.00 (incl. VAT)
Associate Solicitors or equivalent: £264.00 (incl. VAT)
Senior Associates and Associates with 15 years or more experience: £288.00 (incl. VAT)
Partners: £312.00 (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.
Debt Recovery Fees for Undisputed Cases
Our basic rates for debt collection on undisputed, straightforward debt recovery matters can be found in detail on these pages:
“We recover your money whilst also ensuring our own fees are transparent throughout”
Debt Recoveries and Collections Manager
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.
Terhi Sygrove is a debt recovery specialist and head of the debt recovery department at Nottingham-based law firm Rotheras Solicitors.
Paige Regardsoe is a Solicitor in our Dispute Resolution department and is based at our Lace Market office.
Susan White is a Paralegal in Rotheras Debt Recovery and Family Law department.