Debt Recovery For Businesses Fees

Debtor Trace

  • First Locate Fee – £37.00 inc VAT at 20%
  • Legal Fees for conducting Trace Search – £25.00 plus VAT at 20% = £30

28 day and 7 day letters – Letter before Actions letters

  • Legal Fees for issuing both letters – £75.00 plus VAT at 20% = £90

 

Applying for a County Court Summons/CCJ

  • Legal Fees for issuing a County Court Summons £225.00 + VAT at 20% = £270

Court Fees at Fixed Rate

  • £70.00 (for claims greater than £500.00 but no more than £1,000)
  • £80.00 (for claims greater than £1,000.00  but no more than £1,500.00)
  • £115.00  (for claims greater than £1,500.00 but no more than £3,000.00)
  • £205.00  (for claims greater than £3,000.00 but no more than £5,000.00)
  • £455.00  (for claims greater than £5,000.00 but no more than £10,000.00)
  • 5% of the claim (For claims greater then £10,000.01 but no more then £200,000.00)

For more information please see the Governments website below 
https://www.gov.uk/make-court-claim-for-money/

Please note that costs will vary dependant on each individual case. If a claim is defended by the Tenant then a Junior Barrister may need to be instructed to proceed with the civil action as this is out of the normal scope of debt collection.

If the County Court Judgement is not defended, then the cost of obtaining the County Court Judgement will be included in the legal fees for issuing the County Court Summons.

Application to call Tenant in to Court for questioning (if necessary)

  • Legal Fees for preparing Court paperwork – £75.00 plus VAT at 20% = £90
  • Court Fee (Fixed Fee) – £55.00
  • Fee for Agents to serve court papers – From £85.00 plus VAT  to £180 plus VAT depending on the time and complexity of the matter (example £85 + plus VAT at 20% = £102) 

After being awarded a County Court Judgment

  • Legal Fees for issuing a 28 day letter – This will be included within the £225.00 charge for dealt with the County Court Summons paperwork

Enforcing a County Court Judgment/an already granted S8 Notice Court Order

  • Attachment of Earnings if Debtor employed – To be agreed

If the debt owed is over £600.00 (including court costs) then we would advise to transfer the debt to the High Court as High Court Enforcement Officers have more success rates in collecting debts owed.

If the Judgement is transferred to the High Court then fees will be agreed at that time.  The fees would involve a set legal fee for our work involved in completing the relevant paperwork to transfer the Judgement to the High Court and a further court fee of £66.00.   If the High Court Bailiff is unable to collect the debt,  i.e if the debtor was in jail, no longer in the country, had no assets (i.e just having a mattress on the floor) or if they were deceased, then the High Court Bailiff’s would charge a £75.00 plus VAT* at 20% = £95 + compliance fee.

*Court fees and third party expenses are correct at the time of this Tariff in January 2018 and therefore subject to change.

Our Debt Recovery Team consists of Forqan Miah. 

The Supervisor for all Debt Recovery matters is the Managing Director, Caroline Sutherland.

 

Forqan Miah graduated with a degree in Bachelor of Laws (LLB) at Sheffield Hallam University in 2018.

Forqan has worked in Conveyancing departments at Solicitor Firms in Sheffield PM Law, and
Aurthur Jackson Wickersley in Rotherham.

Forqan has practical experience in Residential Conveyancing, he is currently in his third year with Sutherland & Co Law Limited. His current role is undertaking Landlord & Tenant disputes and Debt Recovery claims,

Forqan has broadened his knowledge and skill set with industry led training courses, mentoring and supervision from Caroline, to further enhance his competences and personal development has enrolled on the SQE (Solicitors Qualifying Exam) committing to a further 2 years of study and exams

 

For further information please contact us.