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Debt Recovery Price Guide

Our range of fixed fees for a business to business debt where the debt is undisputed

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 at any point, 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 (excluding. VAT) Total
Up to £5,000 £205.00 £400.00 £565.00
£5,001 - £10,000 £455.00 £600.00 £1055.00
£10,001 - £50,000 5% value of the claim 5% value of the claim TBC

You 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 we will charge you are more than the modest fixed costs we are allowed by the court to  add to your claim.The fixed costs of the claim and the court fee and will be included in the Judgment in default   
  • The costs quoted above do not include enforcement action, such as the bailiff, where this is needed to collect your debt.

Our fee includes:

  • 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 Judgment in default
  • When Judgment in default in received, write to the other side to request payment
  • If payment is not received  providing you with advice on next steps and likely costs of enforcement action

Matters usually take 2-4 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. 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.

Have a question or need some help? Call us today on 023 92 296296

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