Debt Recovery for undisputed debt

Hourly rates:

£300.00       Senior Solicitors & Directors

£250.00       Solicitors and legal executives with over 4 years’ experience

£200.00       Other solicitors and legal executives and other staff of equivalent experience

£150.00       Trainee solicitors, trainee legal executives and other staff of equivalent experience

(All fees are Plus Vat)

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:

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