Ascent leads the market in collections & recoveries across the UK.
We have an unrivalled client base including most of the UK’s leading banks and many major corporates.
Our stated company vision is “Together we support financial wellbeing” and this is the overriding approach we take to all of our work. Our clients continually tell us we lead our market in customer experience.
We offer a seamless service across jurisdictions which mean that our service and reporting is aligned between Scotland, England, Wales.
Our service is personal but also supported by market leading in-house technology. This ensures efficiency, accuracy and compliance in everything we do and allows us to propose highly competitive pricing.
Our Services include:
- Telephone & Letter collection
- Judgement
- Return of Goods
- Asset Recovery
- Charging Orders
- Attachment of Earnings
- Warrants of Execution
- High Court Enforcement
- Orders to Obtain Information
- Bankruptcy
- Complex Litigation
Once instructed, we will endeavour to progress recovery activity as efficiently as possible, and will aim to action your instruction no later than 48 hours.
In general Ascent does not act for individuals seeking debt recovery services. We will typically work with clients on regular referals of instructions of on portfolios of customers accounts in arrears or requiring credit management.
Ascent Legal Team
The litigation activity undertaken by Ascent Legal is progressed and supported by teams of paralegals and administrative assistants with debt collection experience that ranges from 1 year to over 10 years. These teams are expertly guided and closely supervised by Shilpi Jairath and Andrew Beck.
Mark Higgins, CEO
Mark is the CEO of Ascent. Mark qualified as a Scottish solicitor in 1993. Mark is also a regular contributor to leading UK journals and has written two books. Mark is an experienced lawyer and is a well-known expert in debt collection and recovery.
Shilpi Jairath, Head of Litigation
Shilpi is an experienced litigation lawyer and manager with varied experience of dealing with contractual recoveries subject to consumer or commercial contracts, based on both secured & unsecured products. Her extensive management experience ensures that work is undertaken on a sustainable basis with the necessary controls in place, delivering an exceptional service to all our clients.
Andrew Beck, Solicitor
Andrew oversees and supervises the team dealing with cases including complex litigation. He is recognised as a leader in his field by both Chambers and Legal 500. As well as being an accredited mediator with the Centre for Effective Dispute Resolution, Andrew has been engaged in a wide range of High Court and County Court cases.
Our Fees
Our fees for debt recovery can vary depending on several factors. These factors include:
- The volume of instructions provided to us by a client
- The type of debt we are instructed to recover
- The age of that debt
- The jurisdiction of that debt
- Whether debt recovery is successful.
Therefore, to ensure we offer every client a competitive price for our expert service, it is appropriate that we create a bespoke pricing package to satisfy the debt recovery needs of each client.
As a representative example of our existing client base, we will typically charge a 15% commission on successfully recovered debt. We will not charge for unsuccessful consumer debt recovery, although you may still be liable for any legal disbursements as outlined below.
Typical Stages
Stage 1 Pre-Action
- Issue Letters
- Completing Pre-Action Protocols
- Communications with customers including phone calls, SMS, e-mail and lettering
Stage 2 Court Proceedings
- Issuing Court Proceedings
- Obtaining Judgement
- Taking Enforcement Action
Stage 3 Defended & Non-Standard Claims
- Responding to any defences received
- Dealing with any bespoke requirements of an action
Indicative Stage 3 Hourly Rates
| Partner/Director | £260 |
| Senior Associate | £220 |
| Associate | £180 |
| Legal Executive | £180 |
| Paralegal | £125 |
Disbursements
Your instruction may also attract legal disbursement fees should a claim be made and a judgement enforcement sought from the courts. The below table illustrates the relevant court fees for England and Wales.
Court fees are not subject to VAT. If the claim is successful, the judge will make a decision on what percentage of these fees the debtor is to pay.
| Claim amount | Claim fee |
| Up to £300 | £35 |
| £300.01 – £500 | £50 |
| £500.01 – £1000 | £70 |
| £1000.01 – £1,500 | £80 |
| £1,500.01 – £3000 | £115 |
| £3,000.01 – £5,000 | £205 |
| £5,000.01 – £10,000 | £455 |
| £10,000.01 – £200,000 | 5% of claim |
| More than £200,000 | £10,000 |
| Enforcement action | Enforcement application fee |
| Warrant of control (recover a sum of money) | £83 |
| Warrant of possession (recover property or land) | £121 |
| Further attempt to issue warrant at new address | £33 |
| Attachment of earnings | £110 |
| Charging order | £110 |
| Certified Enforcement Agent (Bailiff) | £308 |
Ascent Commercial Pricing
Ascent Commercial will aim to recover your business debt, including both disputed and undisputed amounts, through an option of pre-legal and legal services. Our approach will be agreed with you and tailored to your needs.
Whether the agreed approach is pre-legal or legal, the fee for our service will be calculated based on a percentage of the debt amount as outlined below:
| Successful debt collection | 10% – 12% commission on debt collected (plus VAT charged at 20%) |
| Unsuccesful debt collection | 2.5% – 5% of debt amount (plus VAT charged at 20%) |
Where a client requests that we work on a fixed fee per hour, we may consider this request. This fee will be £95 per hour (plus VAT charged at 20%).
Service Feedback
If for whatever reason you need to provide feedback on our services please find details of how to do this here.