Debt

Debt Recovery for undisputed debt

Hourly rates:

£300.00 (plus VAT Per hour) Senior Solicitors & Directors (over 8 years experience)

£250.00 (plus Vat per hour) Solicitors and legal executives with over 4 years experience

£200.00 (plus Vat per hour) all other solicitors

£150 (plus VAT per hour) Trainee Solicitors & Paralegals

The exact number of hours it will take depends on the circumstances in your case. Factors that may affect the hours can be:

  • The amount of supporting evidence that we need to consider
  • Level of cooperation from the opponent
  • The number of parties
  • Historical background
  • Jurisdiction of parties (should a defendant live outside the jurisdiction we would have to revisit costs estimates dependant on the country in question).
  • Complications relating to service
  • Investigations on the opponents and addresses
  • Unforeseen complexities that may arise
  • Language barriers or translations

As a guide we provide estimated costs below.

On the table please amend our fees as follows:

Upto £10 000.00 Our fees £2000.00- £4000.00
£10 000.00 – £25 000.00 Our fees £4000.00 – £6000.00
Over £25 000 Our fees    £6000.00   – £10 000

Who will carry out the work?

  • All work will be carried out by a qualified Solicitor with assistance provided by a Trainee Solicitor or Paralegal.

What services are included in this?

  • Initial attendance and consideration of the options and assessing most appropriate way forward based on the circumstances
  • Reviewing documentation advising on the same
  • Undertaking appropriate searches
  • Sending a letter before action
  • Receiving payment and sending onto you, or
  • if the debt remains unpaid, drafting and issuing a 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 28 days, providing you with advice on next steps and likely costs

The costs quoted here do not include:

  • Court Fees
  • Disbursements such as Barrister’s fees, expert’s fees, search fees, translation costs etc
  • Enforcement action to collect debt or enforce a judgment
  • Defence filed by the opponent in the case of a disputed claim
  • Appeals
  • Jurisdictional issues in serving proceedings

Contact us today to arrange an appointment to discuss your problems and in confidence