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Our Charges - Debt Recovery
Naomi Taylor is a Legal Advisor (Paralegal) with over 10 years litigation experience. Naomi's hourly rate is £240.00 per hour plus 20% VAT.
Supervising Naomi is Kevin Richardson, who is a Director, Chartered Legal Executive and the Deputy Head of the Dispute Resolution and Litigation department, working in the legal profession since 1988. Kevin's hourly rate is £.300.00 per hour plus 20% VAT.
Letter Before Action £225.00 plus 20% VAT
What’s included:
- Reviewing documents
- Providing legal advice and discussing the legal process
- Drafting and sending the Letter Before Action to the Debtor
Court Proceedings
What’s included:
- Drafting Claim Form and Particulars of Claim
- Sending the court papers to Court for processing
- Monitoring claim up to the application for judgement
Level of debt | Our fixed fees excl. 20% VAT | Court fees** | Fees that can be recovered |
---|---|---|---|
up to £1000 | £240 + VAT | up to £70 | up to £70 |
£1001 - £5000 | £480 + VAT | up to £205 | up to £80 |
£5001 - £10,000 | £700 + VAT | up to £455 | up to £100 |
£10,001 - £50,000 | £900 + VAT | 5% of the value of the claim | £100 |
£50,001 - £200,000 | £1200 + VAT | £100.00 | |
£200,001 + | For claim values over £200,001 please contact the team on 02392 660261 |
Judgement Costs £30 plus 20% VAT
- Completing and sending application to the Court for a Judgement.
Enforcement Costs
Enforcement & what’s included in our fees | Extras to consider | Our Fixed fees excl. 20% VAT | Court Fees** |
---|---|---|---|
Applying for Judgement | £50 + VAT | ||
Instructing High Court Enforcement including monitoring progress and providing updates | Writ of Control will be required | £150 + VAT | £78 |
Warrant of Control - drafting and filing application | £240 + VAT | £91 | |
Application for an order to attend court including instructing process | £480 + VAT | £65 | |
Application for Attachment of Earnings | £360 + VAT | £131 per debtor | |
Drafting and serving Stat Demand | £700 + VAT | N/A | |
Application for Charging order. Including: drafting and filing application, obtaining office copies, witness statement, drafting and lodging application with Land Registry, and correspondence with Land Registry | Land Registry Fee £45 (subject to change) | £1000 + VAT | £131 |
Application for a third party debt order – Drafting and filing application to the court, instructing process server to server documentation. | Counsel will need to be instructed | £1000 + VAT | £131 per party |
Additional costs to consider in enforcement
Additional requirements | Extra fee excl 20% VAT | Our fixed fees excl. VAT |
High Court Enforcement Agents will charge a fixed fee if they are unsuccessful in enforcement | Agent’s fees from £90 | |
Instructions to an agent to personally serve an Order or Summons (for example, an Order for Information must be personally served on the Debtor) | Agent’s fees from £100 to £210 | £60 |
Instructions for an agent to investigate the Debtor | Agent’s fees £100 to £1500 + VAT | £60 |
Disputed debt claims
In cases where a claim becomes disputed, the requirements can be less than straightforward or complex. On this basis, we will act for you on an hourly rate basis, charges of which will be dependant on the lawyer assisting you (please see above for these rates).
Extra expenses to consider in post action disputed claims:
Hearing Fees
The Court charge a fee to the Claimant to pay for a final hearing (if it gets that far) dependent on the value of the claim and which track the claim is allocated to:
Court hearing fee | Amount |
Small claims track: | |
up to £300 | £27 |
between £300.01 and £500 | £59 |
between £500.01 and £1,000 | £85 |
between £1,000.01 and £1,500 | £123 |
between £1,500.01 and £3,000 | £181 |
more than £3,000 | £346 |
Fast-track claim | £545 |
Multi-track claim | £1,175 |
For more information or to get started, please contact Naomi Taylor of our Commercial Debt Recovery Team on 02392 660261 or email info@biscoes-law.co.uk.
For further information or to speak to one of our experts, please get in touch