Charges JP Associates

A service specialising in U.K. & overseas debt recovery for sole traders,firms,companies,and insolvency practitioners on a results only basis.

Methods of payment

Cheques and banker's drafts can be made payable directly to the client, or alternatively we will present the client with the balance, having ensured clearance at our bank. Companies that use BACS payments will be kept in place and reconciled directly with clients so as not to slow down payments.

Collection and Legal Fees

Results Only Basis
Credit control 3% to 7.5%
Debt recovery 5% to 20%
Legal fees Under separate negotiation

Complete sales ledgers are taken on a case by case basis and charges vary dependent on when we are brought in, and the size of them along with the amount of debtors and the ageing of accounts.

Our practice will undertake to an agreed letter, to enable good relations to continue between your company, and your debtors.

Bad Debts (U.K. Mainland)

15% of debt
Legal Costs - Under separate negotiation
Court filing fees required up-front.

All our charges are based on a result only basis (i.e. no result - no charges). Our charges as quoted are individual, and not added on to a previous charge. Having exhausted all other avenues we will advise if legal action will be successful based on information provided. Legal costs are requested upfront where they are required and authorised by the client. If we have to go legal, we reserve the right to pull out at any time if the case is well defended.

N.B Some of the other services we have to offer are: Credit Checks, Personal Tracing, Company Status Reports, Finance, and also Insolvency Advice.