Debt Recovery

Our charges as set out here apply to the recovery of debts up to £100,000.   For debts in excess of that amount please contact us for details of our charges.

Our charges for collecting debts up to £100,000 are based upon the time spent, which is charged at £185 per hour plus VAT. We have a minimum charge of £50 plus VAT.

In addition to our charges, there will be disbursements payable to third parties. These may include Court fees to issue a claim form or Court fees for trying to enforce a judgment once a judgment has been obtained. The Court fees for issuing a claim form vary depending upon the amount of the claim, for example, as at December 2018 the Court fee for a claim of between £3,000 and £5,000 was £205 or £185 where the claim is issued online.   For a claim of between £50,000 and £100,000 it is 5% of the amount claimed or 4.5% of the amount claimed where the claim is issued online.   The Court fees for taking steps to try to recover the amount of any judgment vary depending upon particular steps being taken to enforce the judgment but typically the fee is in the region of £100.

Other disbursements that may be incurred, depending upon the circumstances of your case, will include fees to undertake company searches, private investigator’s fees for tracing a debtor or finding out information about them and process server’s fees for serving a claim form, if it needs to be personally served rather than being sent to the debtor by post. We do charge travelling expenses.

It is not possible to provide a total cost for recovery of the debt as it will depend upon the work that needs to be undertaken and the Court fees and other disbursements payable. Where the claim is for a small amount and the case is not complicated, the total costs are likely to amount to at least a few hundred pounds. Where larger sums are involved and/or the case is complicated and steps have to be taken to trace the debtor and/or attend a Court hearing as part of the enforcement process the costs could amount to several thousand pounds.

Key Stages and Timescale

It would be normal to write at least one letter before issuing Court proceedings to demand payment. If no satisfactory response is received to the letter, then a claim form would be issued, either by post or online.   It may take the Court several days to issue the claim form. The debtor will then have at least 14 days from when they are deemed to receive the claim form in which to respond. If they file a defence, then the Court will give directions for a contested case. If the debtor does not respond or admits the debt then judgment can be entered and we can take steps to try to recover the monies due, for example, by obtaining an attachment of earnings order against their salary or a charging order against their home or arranging for their goods to be seized and sold.   The timescale for recovery will depend upon the means of enforcement used, but it is likely to be several weeks and could be several months.

Fee Earner undertaking the work

Generally debt collection is dealt with by Mr Jeffrey Lee, a solicitor with over 40 years experience.   If the work was undertaken by another fee earner then it would be undertaken under the supervision of Mr Jeffrey Lee.