Debt Recovery Pricing
We set out below fixed costs that would apply where your claim is in relation to an unpaid invoice which is not disputed and enforcement action is not required. If the other party disputes your claim at any point, we will discuss any further work required and provide you with revised costs information if appropriate, which could be a fixed fee (e.g. if a one-off letter is required), or an hourly rate if more extensive work is needed.
Our hourly rates are based upon the experience of the person carrying out the work, which would range from £160 to £300 plus VAT per hour.
Factors that could make a case more complex
The debt is disputed
There is more than one defendant
There is difficulty tracing the defendant
There is a counterclaim made by the defendant
There are a number of witnesses/documents to consider
Our standard fee to send a Letter Before Action is £300 plus VAT.
If sending a letter before action does not resolve the matter then our fees for preparing the claim for issue are:
Up to £5,000
£250.00
£5,001 to £10,000
£250.00
+£10,000
£1,000.00 to £5,000.00
Applicable Court Fee
Value of your claim
Court fee (excluding VAT)
Up to £300
£35.00
More than £300 but no more than £500
£50.00
More than £500 but no more than £1000
£70.00
More than £1000 but no more than £1500
£80.00
More than £1500 but no more than £3000
£115.00
More than £3000 but no more than £5000
£205.00
More than £5000 but no more than £10000
£455.00
More than £10000 but no more than £200,000
5% of the value of the claim
More than £200,000
£10,000.00
Anyone wishing to proceed with a claim should note that:
The VAT element of our fee may not be recoverable from your debtor.
Interest and compensation may take the debt into a higher banding, with a higher cost.
The costs quoted above do not include the costs of enforcement action, such as the bailiff, needed to collect your debt.
Our fee includes the following key stages:
Taking your instructions and reviewing documentation
Undertaking appropriate searches
Sending a letter before action
Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing 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, writing to the other side to request payment
If payment is not received, providing you with advice on next steps and likely cost
Who will be dealing with your case
Chris Dewey is the head of our debt recovery department and supervises the work being carried out by our team who includes Joseph Henry, Alexandra Ronketti, Janet Lane and Joshua Winner.
Matters usually take 8-12 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. If proceedings are required, the matter will take longer to resolve.