Debt recovery

Debts from £2000.00 – £5000.00

• Letter of Claim: £130.00
• Additional Chase up Correspondence in the absence of response (brief): £30.00
• Additional Chase up Correspondence if response if required (complex): £50.00
• Commencement of court proceedings: £200.00
• Entry of default judgment: £50.00
• Reply to defence (if necessary): Simple Matters £150.00 / Complex Matters £250.00
• Capped fees up to and including trial: £800.00
• Dealing with Enforcement – advising client and chasing enforcement: £100.00

Debts from £5000.00 – £10,000.00

• Letter of Claim: £200.00
• Additional Chase up Correspondence in the absence of response (brief): £30.00
• Additional Chase up Correspondence if response if required (complex): £50.00
• Prevent/object to Company Strike off Action with supporting evidence: £200.00
• Commencement of court proceedings: £275.00
• Entry of default judgment: £70.00
• Reply to defence (if necessary): Simple Matters £150.00 / Complex Matters £250.00
• Capped fees up to and including trial: £950.00
• Dealing with Enforcement – advising client and chasing enforcement: £150.00

Debts above £10,000.00

• We will agree fixed, capped or staged fees on a case by case basis depending on the facts/complexity of each individual matter.Applicable to all Cases:
• Prevent/Object to Company Strike off Action with supporting evidence: £200.00

Other fees regularly incurred

• Prevention of strike of Company at Companies House – £200.00
• Barristers fees – in some cases we might advise using a barrister for the final hearing; we would advise you well in advance of any final hearing if we felt this was the best option. Barrister’s fees are separate to our fees up to and including trial, quoted above.
  All fees quoted above are exclusive of VATLegal fees for court proceedings will be accompanied by a court issue fee and legal fees for work up to and including trial will be accompanied by a hearing fee. Where a warrant/writ of control is requested a further court fee will be payable. We reserve the right to vary the above fees depending on the complexity of the matter. In the event that a variation in our fees is necessary, we will notify you as soon as we are able to.

Multiple Debts

If you have a large number of debts to chase or believe that you will have a regular stream of debts to recover, then we will be happy to agree a bespoke arrangement with you to reflect the volume of debts to be pursued, which might include a discount from our standard charges or retention by us of a percentage of the sums recovered on your behalf. We simply require copy invoices or statements of account. Some clients have streamlined this process by providing us with spreadsheets simply containing their overdue invoices details –  number & date, date invoice due for payment, name and address of debtor.

Enforcement

Once judgment has been obtain against the debtor if payment is still not received a range of enforcement options are available including bailiff enforcement, attachment of earnings orders and obtaining charges over a debtors property. We will advise on your options and agree fixed fees in relation to that also, whilst always bearing in mind the likelihood of recovery from the debtor.

Court Fees for Money Claims

Issue Fees

To issue a claim for money, the following fees will be payable based on the amount claimed, including interest:

Hearing fees

Small Claims Track where the amount claimed is:

• up to £300 – £25
• between £300.01 and £500 – £55
• between £500.01 and £1,000 – £80
• between £1,000.01 and £1,500 – £115
• between £1,500.01 and £3,000 – £170
• more than £3,000 – £335