Debt Recovery
Removing the headache and hassle out of debt collection so that you can focus on what matters to you.
ELMS Legal Ltd have a specialised and dedicated debt recovery team to work with its existing clients on recovering any outstanding invoices no matter of their size.
We adopt a commercial approach on working with clients in finding a realistic and most importantly, a sensible financial way forward for all concerned no matter of the economic climate.
ELMS Legal Ltd have found that 9 out of 10 people who make contact with our team to discuss their situation, whether this be an existing client or a debtor, have a better understanding of their situation before taking any further steps.
For debt recovery we ask to be paid a percentage of the sums we recover as a commission rate. Our average rates range from 5% to 25%. Prior to ELMS Legal Limited taking on instructions, we will agree terms and conditions of business which will be explained and detailed in a bespoke client care letter.
We understand that each case may be different and so we will discuss with you your specific needs dependant on the task.
Please note the commission rates for ELMS Legal Ltd in relation to our debt recovery services as below. This will be based on the amount that we recover.
| Debt Value | Commission Rate |
|---|---|
| £50 – £10,000 | 25% |
| £10,001 – £99,999 | 15% |
| £100,000 and above | 5% |