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Fees

Efficient, effective enforcement

We believe that by keeping our fees to a minimum you can maximise your chances of recovering your outstanding debt which is why we base our initial fee on the Late Payment of Commercial Debts (Interest) Act 1998 for business debts. This is a statutory compensation amount which we will attempt to recover with your debt.

A careful check should be made of records to ensure that all details concerning the debt and the state of account are in order and up to date. It is essential that there is a valid debt which is overdue for payment and that there is no genuine reason or dispute as to why the debt should not be paid before instruction.

1. Pre-Action
Letter Before Action
Claim up to £1,000 £40.00
Claim of £1,000.01 – £5,000 £70.00
Claim up to £10,000 £100
Claim up to £20,000 £250
Claim up to £100,000 £300
Claim over £100,000 Please call us for an estimate
Statutory Demand
Issue (pre-judgment)
up to £20,000 £250
up to £100,000 £500
over £100,000 Please call us for an estimate
Service £100-£150
2. Commencing proceedings
Issue claim
Claim up to £500.00 £50.00
Claim up to £1,000.00 £100.00
Claim up to £5,000.00 £150.00
Claim up to £100,000.00 5% of the value of the claim, caped at £2500 and less the cost of our letter before action
Claim over £100,000.00 Please call us for an estimate
3. Obtaining a County Court Judgment
If no Defence or Acknowledgement of Service is filed £22.00
If an Acknowledgement is filed, but no Defence £25.00
Judgment after admission if proposed payment terms are accepted £40.00
Judgment after admission if the court determines the repayment terms £55.00
4. Enforcement action
Instruct enforcement officers £50.00
Third party debt application £110.00 (plus £150 for registering the order with the Land Registry which is non recoverable)
Charging Order £80.00 (plus the cost of service)
Attachment of Earnings order £100.00
Order to Obtain Information £100.00 (plus the cost of service)
Statutory Demand
Issue (post-judgment) £80.00
Service £200 – £350
5. Commencing bankruptcy or winding up proceedings
Claim up to £20,000 £1500.00
Claim up to £100,000 £2000
Claim over £100,000 Please call us for an estimate
Court fees (no VAT payable)
Issue proceedings
Up to £300.00 £35.00
£300.01 – £500.00 £50.00
£500.01 – £1,000.00 £70.00
£1,000.01 – £1,500.00 £80.00
£1,500.01 – £3,000.00 £115.00
£3,000.01 – £5,000.00 £205.00
£5,000.01 – £10,000.00 £455.00
£10,000.01 – £200,000.00 5% of the claim
£200,000.01 + £10,000.00
Court fees for enforcement (no VAT payable)
Instruct enforcement officers (County Court) £110.00
Instruct enforcement officers (High Court) £66.00
Third party debt application £110.00
Charging Order £110.00
Attachment of Earnings order £110.00
Order to Obtain Information £55.00

 

Non-routine debts

If the matter is of a non-routine nature, it will fall outside of the scope of the debtcollector service. This will include, for example, circumstances where the debtor has defended the debt, has asked for clarification, has asked to pay by instalments, enters into any kind of insolvency arrangement (including an IVA) or where the amount or circumstances of the debt change for any reason. There may be other circumstances which make a debt non-routine, and these matters will fall outside the scope of debtcollector too.

If the matter does become non-routine, fees will be payable on an hourly rate basis. These hourly rates will be between £100 plus VAT and £250 plus VAT, depending on the level of seniority required. In the vast majority of cases, a non-routine debt originally dealt with pursuant to the debtcollector service will be dealt with by a fee earner with an hourly rate of £100 plus VAT. Investigation of the issue is likely to take up to an hour, and following investigation we should be in a position to advise you as to further fees.

To see the full fees please see a copy of our fees here.