How we can help with debt actions
Our debt action solicitors in London and across the South East regularly advise clients on:
- The viability of debt actions – ensuring that claims do not fall within the Small Claims Court limit, where costs are not recoverable.
- Enforcement prospects – helping you to judge whether a claim is likely to be enforceable.
- Prospective fee recovery – advising you on the likely fees recoverable from a case, win or lose.
- Assessing the evidence – judging the likely success of a claim based on the evidence available to support your case.
Legal costs – what the prospective costs are based on which track a substantial claim is likely to fall into, as well as potential outcomes.
With offices throughout London and the South East, our debt action lawyers provide clear, practical guidance that allows you to plan and proceed with confidence.
What have our clients said about us?
Why choose Parfitt Cresswell for debt action advice?
We offer a complimentary initial consultation
It’s a great way to understand your options, get to know us better and make a more informed decision on whether we are the firm for you.
Our fees are straightforward, transparent and honest
After your initial consultation, you will know what your costs are likely to be. Depending on your needs, it may be possible to provide a fixed fee and in circumstances where it is not, a clear estimate will be provided which will be kept under close review.
We are honest, genuine people with an assertive and confident edge
We know how to assertively achieve results and to promote a positive resolution. We do the right thing by you. Not just for today, but for the future too.
We are proud of our rankings and feedback
Our clients often describe our service as “professional,” “friendly,” “a pleasure to deal with,” “first-class,” and “would use again.” But don’t just take our word for it; read their reviews on the independent site, ReviewSolicitors, here.
We are fully authorised and regulated by the SRA
This means we adhere to the highest professional and ethical standards set by the Solicitors Regulation Authority. You can be confident that your matter is being handled with integrity, care and full accountability.
We make law accessible
We believe that transparency and understanding are key to a good working relationship. We will endeavour to keep you informed of the latest legal updates and policy changes, in clear terms and without the jargon.
Frequently Asked Questions
We know debt actions can be challenging to navigate given the different tracks and fees involved. Here are some of the questions our debt action lawyers in London and Sussex are most often asked:
What is a debt action?
A debt action is where a creditor issues a claim to a person or company over an unpaid debt. If the claim is not answered within a given window (a minimum of two weeks), the creditor may take the debtor to court.
When are costs recoverable in a debt action?
Costs are recoverable if a debt is over £10,000. A debt of under £10,000 will go to the Small Claims Court, where costs are not recoverable.
Debts of between £10,001 and £100,000 will fall within either the Fast or Intermediate Tracks, which both incur fixed costs. Debts over £100,000 will go into the Multi Track, where there are currently no fixed costs. We can advise you on this when discussing your case.
Can the court send bailiffs to collect a debt?
This can happen, but only if you fail to keep up payments after a judgment has been reached. Money could also be taken from your wages in this instance, or the creditor could apply for a charging order, which could lead to your home being repossessed if you fail to make the payments on time.
Can I appeal against a debt action judgment?
Debtors can write to the court to appeal a judgment, known as a redetermination. This could be because you cannot afford the payments, because your offer of payment hasn’t been accepted by the creditor, or because a payment plan has been set up without a hearing.
In these cases, it may be possible for the court to change your payment plan, although this may incur a fee. You can also challenge a judgment to have it cancelled, though this process must be started as soon as possible after a judgment is made.
