Debt Recovery

29/11/2018

We offer an initial fixed fee meeting of up to an hour for £250 + VAT.

For sending a protocol-compliant letter of claim in a straightforward debt claim, the typical cost would be £295 plus VAT (i.e. one hour’s work). It would be more in a complex matter or if investigatory work or counsel’s opinion were needed prior to sending the letter.

For issuing court proceedings in a straightforward money claim for a fixed amount of up to £25,000, and entering judgment in default of a response, an additional two hours’ work would be likely, i.e. £590 plus VAT. This is in addition to the £295 plus VAT for the first letter.

What work does the above fees include?

  • Taking your instructions and reviewing the documentation.
  • Sending a letter of claim.
  • Drafting and issuing a claim in court.
  • Entering judgment if there is no response.

The above fees are for an uncontested claim. If a claim is contested, we will need to give a bespoke estimate – please contact us.

Who will carry out the work?
The work will be completed by one of our senior solicitors in our Dispute team whose qualification details are displayed in the profile section of our website. In summary the hourly rates of our senior solicitors who conduct this work are:

John Young £295 + VAT

Disbursements/other costs
Disbursements are costs related to your matter that are payable to third parties, e.g. court fees. We handle the payment of the disbursements on your behalf to ensure a smoother process and they should be the same at all firms if they are just charging you what they are being charged.

How long will it take?
Probably about three months from when you first instruct us to when we ask the court to enter judgment in default, assuming there is no reply from your opponent.

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