Debt Recovery

Regain What You Are Owed

The debt recovery department at Malcolm & Co is retained by major national and international companies such as Optimum Security and Renault Auto Point UK. We handle a substantial volume of consumer debt, particularly credit cards, motor finance and bank loans as well as business debt.

Working With Businesses In East London

If your company is owed money by either an individual or another business, Malcolm & Co are here to help. With years of experience, we know the best ways to sensitively negotiate with difficult payers, helping you to attain any funds which you or your business are owed.

Premium Debt Collection Solutions

Malcolm & Co can alleviate your debt collection problems by:
  • Tailoring a service to suit your needs
  • Focusing on collecting debt from difficult payers
  • Estimating the cost of pursuing collection against the value of the debt
  • Investigating the reasons for the debt and seeking to resolve any disputes found

Contact Malcolm & Co

Don't let your business suffer at the hands of difficult payers - discuss your requirements with our team in East London, and we'll tailor and affordable debt collection and recovery package to your specific needs.
Contact Us

Debt Recovery Fees and Charges

The charges set out below are applicable if the debt is undisputed. We will charge on a time basis with the work being carried out by a Grade A Solicitor (over 12 years since qualification).
 
The hourly rate charged by the Grade A will be £365. The service provided covers sending a Pre-Action Letter; complying with the Civil Procedure Rules and if it is then necessary, issuing proceedings online for the Court to serve (the court fee is 4.5% of the sum claimed); entering Judgment in default; instructing bailiffs.

For undisputed debts up to £10,000 we will cap our fees at a maximum of £750 plus VAT.

For undisputed debts over £10,000 and up to £50,000 we will cap our fees at a maximum of £2,250 plus VAT.

For undisputed debts over £50,000 up to £100,000 we will cap our fees at £3,500 plus VAT.

If a debt is disputed we will advise and provide an estimate of fees. Our services will not include any form of enforcement other than instructing bailiffs. We will provide quotations for other forms of enforcement such as applying for a charging order, serving a statutory demand, issuing a bankruptcy petition or a winding up petition on a time basis.​
Excellent service
"Malcolm solicitors provide an excellent service. Providing confidential legal advice and breaking the legal talk down in layman's terms. Very good"

- Andre_Ewen
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Struggling to get what you're owed? Contact Malcolm & Co in East London for professional debt recovery and collection.
Call 020 7613 4300
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