Debt

Debt Recovery for undisputed debt

Hourly Rates:

Senior Solicitors £250.00 (plus VAT Per hour)

Solicitors £200.00 (plus Vat per hour)

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

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.

Debt Value

Court Fee

Our Fee (excl. VAT)*

Timescale (average)

Up to £5,000

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

£1,000 – £2,000

6-12 months

£10,000 – £25,000

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

£2,000 – £3,000

8-12 months

£25,000 +

https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

£3,000 – £5,000

10-18 months

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