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Debt recovery questions

  • 19-11-2020 12:05PM
    #1
    TripleAce
    Registered Users, Registered Users 2 Posts: 1,454 ✭✭✭


    Hi,

    I am looking to recover a personal debt of around 6k € from an investment company that despite of many follow ups over the past few weeks still hasn't made the payment. I tried to contact a few solicitors via email (around 15) and only 2 of them have answered so far, both with very high fee (ie. 400€ to send a demand letter to start with). I just have a couple of questions:

    - Is there any particular reason why many solicitors decline to take up this case? Is it because the amount is too small?
    - What is a reasonable price for a first demand letter? Is 400€ the standard?
    - Is there any other way I could go to recover my money that you could suggest?

    Thank you for your help.


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