Our Debt Recovery Fees2019-06-27T14:12:29+00:00

Our Debt Recovery Fees

Litigation

Court Claims

These costs 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 information about costs 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.

Debt value Court fee Our fee (incl. VAT) Total 
Up to £5,000 £60 – £540 £2,000 – £3,000 plus VAT £2,060 – £3,540 plus VAT
£5,001 – £10,000 £790 £4,000 plus VAT £4,790 plus VAT
£10,001 – £50,000 5% value of the claim plus £335 hearing fee £8,000 (or 30% value of the claim) Dependent on value of case.

Anyone wishing to proceed with a claim should note that:

  • The VAT element of our fee cannot be reclaimed from your debtor (unless you are not VAT registered).
  • 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 a bailiff, is needed to collect your debt.

Our fee includes:

  • Taking your instructions and reviewing documentation;
  • Undertaking appropriate searches;
  • Sending a letter before action;
  • 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, contacting the other side to request payment; and
  • If payment is not received within 21 days, providing you with advice on next steps and likely costs.

Matters usually take 25-52 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.

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