Recovery of Debt up to £100,000


We regularly handle Debt Recovery matters on behalf of parties who have debts owing to them, and the following fees relate to those cases. If you are being pursued for a debt, we will be able to handle this on your behalf, however this fee will be based on many factors, and will be advised to you at the time. In order to review your matter, we will undertake an Initial Consultation with yourselves, which will be two hours with our Director, who will be running your file. The fee for this is fixed at £250 plus VAT.

The fees stated below are fixed for the specific complexity of the claim and letter required in order to resolve the matter without resorting to Court Proceedings, and therefore not only reducing the length of the claim but reducing the costs to you:

Pre-Action Protocol Letter

Straightforward Letter: £250 plus VAT

Complex Letter: £500 plus VAT

Highly Complex Letter: £750 plus VAT

14 Day notice Letter Before Action

Straightforward Letter: £250 plus VAT

Complex Letter: £500 plus VAT

Highly Complex Letter: £750 plus VAT

We are also able to provide fees for the enforcement of the debt if a Judgment Order remains unpaid following the required period of time. Many options are open to you, and the following are the most common methods of enforcement, and are subject to there being no application being disputed by the other party:

Application for Debtor to Attend Court (To provide information under oath regarding their financial situation) £450 plus VAT

Attachment of earnings application (Judgment required first) £450 plus VAT

Charging Order Application (This prevents the sale of property before the final order can be made) £600 plus VAT

 

Statutory Demand (The first formal stage to ask the Court to make the Debtor Bankrupt) £750 plus VAT