Debt Recovery Pricing

Debt Recovery Pricing

Range of fixed fees for a business to business debt that is undisputed

Court Claims

Our fees apply where your claim is in relation to an unpaid invoice which is not disputed, and enforcement action is not needed. If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised advice about fees if necessary, which could be on a fixed fee (e.g. if a one-off letter is required), or an hourly rate if more extensive work is needed.


Our fees* for each stage of the process are:

STAGE DESCRIPTION FEE VAT TOTAL
Stage 1 Initial meeting and advice £200 £40 £240
Stage 2 Pre-action Protocol Letter Before Action £225 £45 £270
Stage 3 Drafting Claim Form and Particulars of Claim £450 £90 £540
Stage 4 Application to Court for Judgement in Default £225 £45 £270
Total £1100 £220 £1320
*Our fees are exclusive of disbursements, such as court fees (details of which can be found at https://www.gov.uk/make-court-claim-for-money/court-fees).

Anyone wishing to proceed with a claim should note that:

 

  • It is normally the case that most of your legal fees will not be added to the Judgment debt where Judgment in Default is obtained. In most cases, when requesting a Judgment in Default, you will only be able to add a maximum of £130.00 (VAT exempt) for Fixed Solicitors’ Costs and the Court Claim Issue Fee you have paid to the debt amount you are claiming. Any fees incurred above that will be unrecoverable from the debtor in most cases. Further bespoke advice will be given about costs at the first appointment. Interest and compensation may take the debt into a higher banding, with a higher cost.
  • Interest and compensation may take the debt into a higher banding, with a higher cost.
  • The costs quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.

 

Our fees at each stage, include:

 

  • Taking your instructions and reviewing documentation
  • Undertaking appropriate searches and researching debtor
  • Sending a letter of Claim
  • Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing claim
  • Where no Acknowledgment of Service or Defence is received, applying to the court to enter Judgement in default
  • When Judgement in default in received, write to the other side to request payment
  • If payment is not received within 14 days, providing you with advice on next steps and likely costs

 

Matters usually take 2-10 weeks from receipt of instructions from you to receipt of payment from the other side, depending on whether or not it is necessary to issue a claim. This is on the basis that the other side pays promptly on receipt of Judgement in Default. If enforcement action is needed, the matter will take longer to resolve. There is no guarantee that the debtor will pay what is owed upon receipt of a letter from us or upon Judgment being obtained.

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