Debt Fees

We believe in being clear and transparent in our pricing and provide easy to understand cost estimates from the outset.

We will tell you how much your case is likely to cost once we have discussed your needs with you at your initial meeting with us and we will highlight anything that could potentially increase or decrease these costs.

Employment Tribunal Fees Fixed Fee Contract review Calculator Debt Fees

Our Fees for Undisputed Business to Business Debt

Court Claims

These costs apply where your claim is in relation to an unpaid invoice which is not disputed and enforcement action is not needed. If the other party disputes your claim and a defence is received at any point, further fees and disbursements will apply such as a court hearing fee. We will discuss any further work required and provide you with revised advice about costs if necessary, which could be on a fixed fee (e.g. if a one off letter is required), or an hourly rate if more extensive work is needed.

Debt Value	Court Fee	Our Fee*	Total
up to £5,000	£35 - £205	£200 – £1500	£235 – £1705
£5,000 – £10,000	£455	£200 – £2000	£655 – £2455
£10,001 – £50,000	£500 – £2500	£1000 – £4000	£1500 – £6500
£50,001 – £100,000	£2500 – £5000	£2000 – £5000	£4500 – £10,000

Debt Value:

up to £5,000

Court Fee:

£35 - £205

Our Fee*:

£200 – £1500

Total:

£235 – £1705

Debt Value:

£5,000 – £10,000

Court Fee:

£455

Our Fee*:

£200 – £2000

Total:

£655 – £2455

Debt Value:

£10,001 – £50,000

Court Fee:

£500 – £2500

Our Fee*:

£1000 – £4000

Total:

£1500 – £6500

Debt Value:

£50,001 – £100,000

Court Fee:

£2500 – £5000

Our Fee*:

£2000 – £5000

Total:

£4500 – £10,000

*(Excl VAT (20%) and Disbursements such as barristers, experts and court fees which will vary case by case)

Anyone wishing to proceed with a claim should note that:

The VAT element of our fee cannot be reclaimed from your debtor. Interest and compensation may take the debt into a higher banding, with a higher cost.

The costs quoted above are not for matters where enforcement action, such as the bailiff, is needed to collect your debt.

Our solicitors and legal advisers charge an hourly rate from £200-320 + VAT (20%) per hour. We can provide an estimate of the number of hours at the outset, once full details of your case have been discussed.

Our fee includes:

Taking your instructions and reviewing documentation
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, write to the other side to request payment
If payment is not received within 14 days, providing you with advice on next steps and likely costs

Matters usually take 7 days – 8 months 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. This is on the basis that the other side pays promptly on receipt of Judgement in default. If enforcement action is needed, the matter will take longer to resolve.