a) Debt Recovery: debt that is undisputed

 

Type of fee: Agreed/Fixed Fee/Hourly Rate

 

(Varies on complexity of the case)

 

Costs:

 

Debt Value: Up to £5,000; Our Fee (excl. VAT)*: £1,500.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £5,000 - £10,000; Our Fee (excl. VAT)*: £1,500.00;  Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £10,000 - £25,000; Our Fee (excl. VAT)*: £2,500.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £25,000 - £50,000; Our Fee (excl. VAT)*: £3000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £50,000 - £100,000; Our Fee (excl. VAT)*: TBA on the claim - estimate costs on complexity; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Who will carry out the work?

 

• Partner assisted by solicitor(s)

• Solicitors/assisted by Trainee Solicitor and/or paralegal

 

All work supervised by a Partner, who retains ultimate responsibility and conduct of matters

 

Hourly Rates:

 

• Partner - £240 - £300 plus VAT

• Solicitor - £160 - £185 plus VAT

• Trainee Solicitor - £120 plus VAT

• Paralegal- £80-£100 plus VAT

 

On average, this type of work entails from 5 to 10 hours of work dependant on level of communication required.

 

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

• Lack of cooperate from the opponent

• Number of Parties

• Historical background

• Jurisdictions 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 defendants and address of the defendant

• Unforeseen complexities that may arise

• Language barriers or translations

 

*please note that these costs ONLY relate to undisputed claims where the Defendant/s have failed to respond to the pre action letter and/or the claim.

 

What services are included in this?

 

• Initial attendance and consideration of the options and assessing most appropriate way forward based on client’s 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 such as Issue Fees. Find updated list of Court fees. This will be reflected on the value of the claim [see links];

• Disbursements such as not limited to Barrister’s fees, expert’s fees, search fees, translation costs etc if they become necessary;

• Enforcement action to collect debt or enforce a judgment;

• Defence filed by the opponent [see disputed claims]

• Appeals

• Interest and compensation may take the debt into a higher banding, with a higher cost.

• Complexities with issuing the claim in England, jurisdiction issues

• Complex background or history to the claim, which may involve considerable number of hours to investigate

 

We will let you know at the earliest opportunity and before any such fees are incurred by yourself, if any of these are applicable.

 

Time scale (on average):

 

• Small Track Claim – 6-12 Months from initial instructions

• Fast Track Claim - 12-18 Months from initial instructions

• Multi Track Claim – 12-24 Months from initial instructions

 

Please note the anticipated number of hours, fees and timescales are an estimate based on the facts above. All services are likely to vary and of course, we can give you a more accurate estimate once we have more information about your specific case.

 

b) Debt Recovery: debt that is disputed – Pre Action

 

Type of fee:    Agreed/Fixed Fee/Hourly Rate

 

(Varies on complexity of the case)

 

Costs:  Average cost from £500 - £10,000 excl. VAT for claims up to £100,000 

 

Who will carry out the work?

 

• Partner assisted by solicitors

• Solicitor/Partner assisted by Trainee Solicitor and/or paralegal

 

All work supervised by a Partner, who retains ultimate responsibility and conduct of matters

 

On average, this type of work takes 10 – 50 hours to complete. 

 

Hourly Rates: 

 

• Partner- £240 - £300 plus VAT

• Solicitor - £160 - £185 plus VAT

• Trainee Solicitor - £120 plus VAT

• Paralegal-  £80-£100 plus VAT

 

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

• Lack of cooperation from the opponent

• Number of Parties

• Historical background

• Jurisdictions 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 defendants and address of the defendant

• Unforeseen complexities that may arise 

• Language barriers or translations

 

*please note that these costs ONLY relate to disputed claims up to £100,000 including.

 

What services are included in this?

 

• Initial attendance and consideration of the options and assessing most appropriate  way forward based on client’s  circumstances

• Reviewing documentation advising on the same

• Undertaking appropriate searches

• Sending a letter before action

• Advising on the response

• Pursuing further pre action correspondence  

 

The costs quoted here do not include:

 

• Court Fees such as Issue Fees. Find updated list of Court fees.    

• Disbursements such as Barristers fees, experts fees, search fees e.t.c

•  Disbursements such as not limited to Barrister’s fees, expert’s fees, search fees, translation costs  etc. if they become necessary;

• Cost of asset trace

• Counterclaims

• Interest and compensation may take the debt into a higher banding, with a higher cost.

• Complexities with issuing the claim in England, jurisdiction issues

• Complex background or history to the claim, which may involve considerable number of hours to investigate  

• Interest and compensation may take the debt into a higher banding, with a higher cost.

 

We will let you know at the earliest opportunity and before any such fees are incurred by yourself, if any of these are applicable.

 

Time scale (on average) :

 

• 3 – 6  Months from initial instructions

• 6 – 12 Months from response

 

Please note the anticipated number of hours, fees and timescales are an estimate based on the facts above. All services are likely to vary and of course, we can give you a more accurate estimate once we have more information about your specific case.

 

c)  Debt Recovery: debt – Enforcement Action if a Judgment had been obtained

 

Type of fee: Agreed/Fixed Fee/Hourly Rate

 

(Varies on complexity of the case)

 

Costs:

​

Enforcement Action: Statutory demand Debt/judgment over £750.00; Our Fee (excl. VAT)*: £300-£1,000.00; Court Fee: None

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Enforcement Action: Winding Up petition; Our Fee (excl. VAT)*: £1,500.00-£10,000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

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Enforcement Action: Winding Up order; Our Fee (excl. VAT)*: £2,500.00-£15,000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

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Enforcement Action: Third party debt order; Our Fee (excl. VAT)*: £3,000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

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Enforcement Action: Execution Against Goods; Our Fee (excl. VAT)*: £500.00-£2,000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

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Enforcement Action: Charging Order; Our Fee (excl. VAT)*: £1,000.00-£3,000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

​

Who will carry out the work?

 

• Partner assisted by solicitors

• Solicitor/Partner assisted by Trainee Solicitor and/or paralegal

 

All work supervised by a Partner, who retains ultimate responsibility and conduct of matters

 

Hourly Rates: 

 

• Partner - £240 - £300 plus VAT

• Solicitor - £160 - £185 plus VAT

• Trainee Solicitor - £120 plus VAT

• Paralegal-  £80-£100 plus VAT

 

On average, this type of work entails from 5 to 40 hours of work .

 

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

• Opponent’s conduct throughout

• Number of Parties

• Historical background

• Unforeseen applications

• Unforeseen complexities that may arise 

• The amount of supporting evidence that we need to consider

• Lack of co –operation from the opponent

• Jurisdictions 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 assets and or asset trace

• Language barriers or translations

 

*please note that these costs ONLY relate to enforcement action on judgments.

 

What services are included in this?

 

• Initial attendance and consideration of the options and assessing most appropriate  way forward based on client’s  circumstances;

• Advising you on next steps on how to proceed 

• Reviewing documentation advising on the same

• Undertaking appropriate searches

• Sending a preliminary communication relating to enfacement. 

 

The costs quoted here do not include:

 

• Court Fees such as Issue Fees. . Find updated list of Court fees

• Disbursements such as Barristers fees, experts fees, search fees etc

• Enforcement action fees such as High Court Enforcement Office, bailiffs fees, land registry fees, Process server fees, asset trace company fees etc

• The matter becoming complex requiring the fee quote unviable for the action to continue.   

 

We will let you know at the earliest opportunity and before any such fees are incurred by yourself, if any of these are applicable.

 

d) Debt Recovery: debt that is disputed – Court claim

 

Type of fee:    Agreed/Fixed Fee/Hourly Rate

 

(Varies on complexity of the case)

 

Costs:

​

Debt Value: Up to £5,000; Our Fee (excl. VAT)*: £1,000.00-£3,000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £5,000 - £10,000; Our Fee (excl. VAT)*: £1,500.00 - £4,000.00;  Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £10,000 - £25,000; Our Fee (excl. VAT)*: £2,500.00 - £7,500.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £25,000 - £50,000; Our Fee (excl. VAT)*: £8000.00 - £10,000.00; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

 

Debt Value: £50,000 - £100,000; Our Fee (excl. VAT)*: TBA on the claim - estimate costs on complexity; Court Fee: https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50

​

Who will carry out the work?

 

• Partner assisted by solicitors

• Solicitor/Partner assisted by Trainee Solicitor and/or paralegal

 

All work supervised by a Partner, who retains ultimate responsibility and conduct of matters

 

Hourly Rates: 

 

• Partner - £240 - £3008 plus VAT

• Solicitor - £160 - £185 plus VAT

• Trainee Solicitor - £120 plus VAT

• Paralegal-  £80-£100 plus VAT

 

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

• Number of Parties

• Historical background

• Jurisdictions of parties*

• Unforeseen applications*

• If there is a Counterclaim *

 

*costs may exceed the fee quote given the complexity case and will be advised on a case by case basis

 

What services are included in this?

 

• Initial attendance and consideration of the options and assessing most appropriate  way forward based on client’s  circumstances

• Reviewing documentation advising on the same

• Undertaking appropriate searches

• Sending a letter before action

• if the debt remains unpaid, drafting and issuing a claim

• Where Acknowledgment of Service or Defence is received, reviewing defence and advising you

• Instructing counsel, where appropriate

• Preparing or assisting with reply , if necessary

• Preparing witness statement and complying with court directions

• Preparing and attending trial

• Advising you throughout and liaising with counsel, where necessary

 

The costs quoted here do not include:

 

• Court Fees such as Issue Fees. Please find updated list of Court fees.  This will be reflected on the value of the claim.

• Disbursements such as not limited to Barrister’s fees, expert’s fees, search fees, translation costs  etc if they become necessary;

•  Enforcement action to collect debt or enforce a judgment;  

• Counterclaims filed by the opponent

• Appeals

• Interest and compensation may take the debt into a higher banding, with a higher cost.

• Complexities with issuing the claim in England, jurisdiction issues

• Complex background or history to the claim, which may involve considerable number of hours to investigate

• Translations and language barriers

 

We will let you know at the earliest opportunity and before any such fees are incurred by yourself, if any of these are applicable.

 

Time scale (on average):

 

• Small Track Claim – 6-12 Months from initial instructions

• Fast Track Claim -  12-18 Months from initial instructions

• Multi Track Claim – 12-24 Months from initial instructions

 

Please note the anticipated number of hours, fees and timescales are an estimate based on the facts above. All services are likely to vary and of course, we can give you a more accurate estimate once we have more information about your specific case.

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