The table below sets out our charges, and provides a link to the Court fees payable in relation to commercial debt collection in the County Court.
The charges set out in Stage 1 are not recoverable from the Debtor. However, at stages 2 and 3 below, court fees, and other fixed costs are added to the amount that the Debtor must pay if your claim is successful.
Stage 1 – Where proceedings do not need to be issued
Payable in all cases – Initial registration and letter of claim £180 (£150 plus VAT @ £30)
Each letter written or telephone call regarding queries raised by
the Debtor or by or with you £22.20 (£18.50 plus VAT @ £3.70)
A Limited Company Search or Land Registry Search £18.50
The average range of charges where the debt is paid without Court Proceedings is between £180 £1,200 (£150 plus VAT @ £30) and £495 (£412.50 plus VAT @ £82.50)
The timescale from taking your instructions, sending out the letter before action and advising on whether any further action may be necessary is 3-4 weeks.
Stage 2 – If proceedings need to be issued and judgement entered
Our charges – You will be charged £222 (£185 plus VAT @ £37) per hour for preparing and issuing the Court paperwork to issue your claim.
Additional to our charges you will also have to pay Court Fees. Please see the attached Hyperlink, https://www.gov.uk/government/publications/fees-in-the-civil-and-family-courts-main-fees-ex50. We may also have to instruct an agent to serve documents on the debtor. This may cost approximately £120 (£100 plus VAT @ £20) and would be charged in addition to the fees stated above.
The timescale from issuing proceedings to obtaining judgment where the debt is undisputed is up to 12 weeks.
Stage 3 – If the claim is defended
We will discuss and advise you as to the additional work required. Such work will be charged at £222 (£185 plus VAT @ £37) per hour.
Additional charges may be incurred if we have to advise on bankruptcy, winding up proceedings and enforcement. Such work would be charged at £222 (£185 plus VAT @ £37) per hour. Fee estimates will be provided when we are able to fully advise on the merits of the case as will the likely timescales.
Who will carry out the work?
We have three members of the team who may work on your matter. The team is supervised by Peter Harris who is a solicitor and a partner and head of our Litigation Department.
Michael Coulman – who is a Senior Litigation Executive with in excess of 30 years’ experience of dealing with these types of clams and will usually handle your claim.
Carly Haywood – Paralegal who has 7 years’ experience in debt collection matters and who assists Michael Coulman.