Price Transparency

Debt Recovery

Our Fees

These costs apply to matters where you wish us to seek to recover an unpaid debt, which is not disputed and where no enforcement action is necessary.

If the other party disputes the debt or defends the claim, further costs will be required and we will discuss this with you at the relevant time.

Further costs will also be incurred if the Defendant does not meet any Judgment obtained and enforcement action is necessary.

  1. Sending a formal letter of claim £75.00 plus VAT
  2. Issuing Court proceedings –
(a) up to £10,000.00 Our costs £600.00 (inc VAT)
(b) £10,000.00 – £50,000.00

(c)  £50,000.00 – £100,00.00

Our costs £900.00 (inc VAT)

Our costs £1,200.00 (incc VAT)

(c) Over £100,000.00 This is dependent on the value of the claim. We will provide a quotation upon application

 

We will seek to recover as much of these costs from the debtor as possible but please note that this will rarely be the full amount and for claims under £10,000.00 the recovery will be limited. The debtor will almost invariably be ordered to repay the Court fee.

Disbursements

Disbursements are costs related to a legal transaction that are payable to third parties.

For court fees please click here

If your case requires the expertise of a barrister we will advise you of this and the cost involved. Barrister’s fees are not included in the figures given above.

Our Service

Our fee includes us taking the following steps:-

  1. Drafting and issuing Court proceedings.
  2. Applying for Judgment in Default if no defence or acknowledgement of service is received.
  3. When Judgment is received, writing to the other side to chase payment.

If payment is not received (or a payment schedule acceptable to you is not agreed) we will provide you with advice on the appropriate next steps and likely costs.

We would anticipate that it would take 3 – 4 months to obtain Judgment if no defence is filed.  If your claim is defended further costs will be incurred.  You will be advised of these at the time.

If enforcement action is required, this will involve further time and costs, as mentioned above. A separate quotation will be provided for such further work after discussion with you as to the best procedure to adopt.