Debt Recovery Pricing
We understand that each claim is unique and some may require additional work than others. The fees below reflect a straightforward claim dealing with an unpaid invoice that isn't disputed.
If the other party happens to dispute your claim, we will speak to you about any additional steps required and give you updated advice on costs. It could be a fixed fee (e.g. for something like a one-off letter), or an hourly rate if more extensive work is needed.
To give you an idea of cost, we have set out below details of our typical hourly rates and fees for debt recovery services.
For a free quote specifically tailored to your circumstances please email firstname.lastname@example.org or call Kim Cross on 01945 898090*.
Our charges are made up of our fees for the work we carry out, and disbursements which are expenses payable to other people. Where VAT is referred to below please note that this will be charged at the applicable rate which is currently 20%.
Our fees will usually either be agreed with you as a fixed sum at the start of your case, or we will work on an hourly rate. Where we charge an hourly rate, overall cost will depend on how much time it takes to deal with your case. Our standard hourly rates are £290 plus VAT (£348 including VAT).
Applying to the court for Judgement in default if no Acknowledgment of Service or Defence is received
What's not included
Points to note
- The VAT element of our fee can't be reclaimed from your debtor if you're registered for VAT.
- Interest and compensation might move the debt into a higher banding, resulting in a higher court fee.
How long will it take?
This timeline depends on whether we need to issue a claim. However, if enforcement action is needed, resolution may take longer.