Proud to be celebrating 170 years in business

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 debtOur fixed fees excl. 20% VATCourt fees**Fees that can be recovered

up to £1000

£240 + VATup to £70up to £70

£1001 - £5000

£480 + VATup to £205up to £80

£5001 - £10,000

£700 + VATup 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 feesExtras to considerOur Fixed fees excl. 20% VATCourt 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 + VATN/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 RegistryLand 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 requirementsExtra fee excl 20% VATOur 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 feeAmount
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