debt recovery and debt collection UK Gemini Debt Recovery
Corporate Debt Recovery • Certificated Bailiffs • Debtor Tracing • Enforcement

0844 35 10 700

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debt recovery costsHow much will it cost to recover my debt?

We offer  three main debt collection services., depending on how large your debt is, any collection fee charged is levied on the invoice total only, meaning any statutory compensation (what is this and how much?) or statutory interest (what is this and how much?) is kept in full by you. This is designed to compensate you for your debt collection costs.

 

 

 

 

Debts between £1 - £550 - Debt Recovery Letter Service cost = £25.00

We offer a very cost effective service for small debts with our “Debt Recovery Letter” service. We charge an up front fee of £25.00p with NO collection commission at all. Click here to read about this service or to order today.

 

 

Debts between £551 - £2500 - Tier1 Debt Recovery Service cost = £29.95 + 10% collection fee

If your debts fall into this band then you qualify for our Tier1 Debt  Recovery service. We charge you an up front debt registration charge of £29.95 and a collection commission of just 10% . We only charge a collection commission on what is actually collected levied on the invoice total only. If we fail to collect the debt you will not be charged a commission. Click Here to read more about this service or to order today.

 

 

Debts of £2501 + - Tier2 Debt Recovery Service cost = £100 plus between 4% - 10% collection fee

If you have a debt for collection of £2501 or greater then you qualify for our Tier2 Debt Recovery service. We charge an up front debt registration charge of £100 and a collection commission ranging from 4 % to 10% depending on the size of your debt. The collection commission is charged on an a no collection no fee basis.  Click Here to read more about this service or to order today.

 

 

 

 

 

 

Bailiff enforcement

 

For Judgements of £600 or more the costs are as follows:    More information on our Bailiff service >>>

 

Amount recovered

% Recovery Fee

£ Fee Charged

First  £5000

10 %

£500

Next £5000

8%

£400

Next £10,000

6%

£600

Any amount above

4%

£variable

Item

£ Fee Charged

Solicitors charge for transferring up / issuing the writ

£50

Warrant of execution (recoverable)

£50

Bailiff costs

Paid by debtor or written off

Abortive fee (charged in around 10% of cases)

£60 +VAT

We charge a collection commission on any monies recovered via our bailiff service, The fee structure is as follows.