Debt Recovery Fees

The SRA Transparency Rules require us to publish on our website certain cost information regarding debt recovery work.

Detailed below is information relating to the court disbursements and fixed solicitors costs (excluding VAT) for the period up to and including entering judgment in default. We may charge additional fees or adopt a different fee structure based on the volume of instructions and/or complexity of your instructions. We would discuss this with you once you have provided us with details of your instructions.

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.

 

Claim Amount
County Court Bulk Centre Fee
Up to £300
£25
£300.01 to £500
£35
£500.01 to £1000
£60
£1,000.01 to £1,500
£70
£1,5000 to £3,000
£105
£3,000.01 to £5,000
£185
£5,000.01 to £10,000
£410
£10,000.01 to £100,000
4.5% of the claim

 

FIXED SOLICITORS COSTS ON ISSUE OF A CLAIM
Claim Amount
Fixed Solicitors Costs
£25 to £500
£50
£500 to £1,000
£70
£1000 to £5,000
£80
Over £5,000
£100

 

FIXED SOLICITORS COSTS ON ENTRY DEFAULT JUDGEMENT
Claim Amount
Fixed Solicitors Costs
£25 to £5,000
£22
Over £5,000
£30

 

Anyone wishing to proceed with a claim should note that:

Our fee includes:

Matters usually take 9 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.