Our range of fees for a business to business debt that is undisputed and where enforcement action following judgment is not required.
The following costs apply where your claim is in relation to an unpaid invoice which:
- is not disputed (either at the pre-action stage or after the issue of court proceedings); and
- enforcement action following your obtaining judgment in default is not required.
If the other party disputes your claim at any point, or you require your judgment in default to be enforced, our standard hourly rates will apply from that point onwards.
|Debt Value||Our fee (inc VAT)|
|Up to £5,000||£400 to £1,000|
|£5,001 to £10,000||£400 to £2,000|
|£10,001 to £100,000||£400 to £5,000|
In addition to our fees there will be court fees payable if court proceedings are issued on your behalf. For a list of current fees, please see the court service current fees list which can be found here.
Should counsel’s advice be required at any point we will again advise you in relation to the costs of that.
Anyone wishing to proceed with a claim should note that:
- The VAT element of our fee will not ordinarily be recoverable from your debtor.
- Interest and costs may take the debt into a higher banding, with a higher cost.
- The costs quoted above are not for matters where enforcement action is needed to collect your debt.
- The broad range of costs listed is to take account of the uncertainty of the extent of the work involved, which may be as brief as one letter or alternatively may involve issuing proceedings at court and seeking judgment further to such proceedings.
Our fee includes:
- Taking your instructions and reviewing documentation
- Undertaking appropriate searches
- Sending a letter before action
- Receiving payment and sending onto you, or if the debt is not paid, drafting and issuing your claim
- Where no Acknowledgment of Service or Defence is received, applying to the court to enter judgment in default
- When judgment in default is received, writing to the other side to request payment
- If payment is not received within 14 days, providing you with advice on next steps for enforcement and likely costs
If enforcement action is needed, or the other side makes an application to set aside the judgment, the matter will take longer to resolve.
This work is undertaken by a qualified solicitor who may be supported by more junior staff such as trainee solicitors or paralegals. Please see the ‘Our People’ section of our website.
For more information regarding our services and funding, please contact us.