Debt Recovery Prices

Debt recovery service

Our services

Instructing us

Usually all we require from you to action an instruction is a copy of the outstanding invoices/statement of account, together with the debtor’s contact details and any relevant correspondence between you and the debtor.

Should further action be required our solicitors can assist you with issuing legal proceedings or even bankruptcy and winding up proceedings. For more information please do not hesitate to contact us.

Debt recovery – the costs involved

These costs apply where your claim relates to an unpaid invoice or invoices which are 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 costs which might be on a fixed fee basis, conditional fee or an hourly rate basis.

Our fees

We can give you a more accurate estimate of costs once we have more information about your specific case.

Undefended/undisputed

Our estimated fees structure in relation to the undisputed claim is noted below from stage 1-4. Our estimated fees are exclusive of VAT and all disbursements such as court fees, counsel fees and any other necessary disbursements which you may need to incur.

Defended

If the matter is defended we charge hourly fees which start from £175+ VAT, excluding all disbursements.

Pre-action advice (stage 1)

Our Fixed fee starts from £75 plus VAT, our hourly rates depend on the circumstances of the instructions and advice required.

Our Charges
Individual/ Sole trade- Standard letter before action UK£100.00 - £500.00
Company- Standard letter before action£100.00 - £500.00
Follow up letters£25.00
Bespoke non-standard drafted lettersFrom £20.00 per letter

Issuing a claim (stage 2)

DebtCourt feesOur legal fees
Up to £300£35£90 plus VAT – and a success fee of 12.5%, 22.5% or 32.5% depending on whether the debt is recovered at stage 1, 2 or 3.
£300 – £500£50£90 plus VAT – and a success fee of 12.5%, 22.5% or 32.5% depending on whether the debt is recovered at stage 1, 2 or 3.
£500 – £1,000£70£125 plus VAT– and a success fee of 12.5%, 22.5% or 32.5% depending on whether the debt is recovered at stage 1, 2 or 3.
£1,000 – £1,500£80£145 plus VAT– and a success fee of 12.5%, 22.5% or 32.5% depending on whether the debt is recovered at stage 1, 2 or 3.
£1,500 – £3,000£115£150 plus VAT– and a success fee of 10.5%, 18.5% or 22.5% depending on whether the debt is recovered at stage 1, 2 or 3.
£3,000 – £5,000£205£150 plus VAT– and a success fee of 6.5%, 15.5% or 20.5% depending on whether the debt is recovered at stage 1, 2 or 3.
£5,000 – £10,000£455£170 plus VAT– and a success fee of 4.5%, 16.5% or 18.5% depending on whether the debt is recovered at stage 1, 2 or 3.
£10,000 - £100,0005% of claim£260 plus VAT– and a success fee of 3.5%, 14.5% or 13.5% depending on whether the debt is recovered at stage 1, 2 or 3.

If you wish to proceed with a claim then please note that the interest and compensation may take the debt into a higher banding resulting in a higher fee.

Once the court has served the claim a debtor has 14 days in which to file a defence or enter an acknowledgement. After the 14-day period has expired a request can be made to the court for judgment to be entered providing the debtor has not filed an acknowledgement or a defence.

Request for judgement (stage 3)

Request for Judgment – £75 – £200 plus VAT Set Fee

If judgment is obtained but not duly settled then further action will be required to enforce the judgment and secure payment. We will need to discuss any third-party fees in respect of enforcement with you separately. Please note that we reserve the right to charge an additional fee if we are required to arrange third party enforcement.

Timescale: It usually takes the court about 10 working days to enter judgment following receipt of a request for judgment.

Defended Claims

Please Note: The above set fees are only applicable in undefended actions. If your debt claim becomes defended at any point, then we reserve the right to charge the applicable hourly rate set out in our retainer letter to you.

Additional services if necessary

Where possible indications of third-party costs are given.

Enforcement of judgement (stage 4)

Disbursement £Our Charges £
Issuing warrant of execution to Bailiff£110.00 court fee (less £30.00 if via CCBC)£100 - £300
High Court Enforcement Officers£66.00£200 - £400
Re-issue of warrant of execution£33.00£50
Charging Order on property to be dealt with on paper£110.00£400
Prep for Charging Order hearing if objection filedAgent's fee for attendance£250
Third party Debt order to first hearing£110.00 and agent's fee for attendance£250
Order to obtain information through Court£55.00 and agent's fee for service£150
Application for substituted service of Information Order£100.00£200 - £400
Attachment of Earnings£110.00£200 - £400

If we are required to enter into correspondence about the enforcement then the matter will no longer be treated as a fixed fee enforcement and additional charges will apply based on the applicable hourly rate set out in our client care letter to you.

Undefended/undisputed

Our estimated fees structure in relation to the undisputed claim is noted below from stage 1-4. Our estimated fees are exclusive of VAT and all disbursements such as court fees, counsel fees and any other necessary disbursements which may you need to incur.

Defended

If the matter is defended we charge hourly fees which start from £175+ VAT, excluding all disbursements.