Fixed Rate Charges
Debt Recovery Fixed Fee Scale Of Charges
As from 01 November 2007
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Our Charge
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You Pay
(Providing remainder recovered from debtor)
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Letter Before Action
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£7.00
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£7.00
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ISSUE FEES:
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Solicitors’ Fees on Issue:
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Up to £500
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£59.00
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£9.00
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£500 - £2,000
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£99.00
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£29.00
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£2,000 - £3,000
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£110.00
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£40.00
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£3,000 - £5,000
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£120.00
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£50.00
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£5,000 +
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£130.00
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£30.00
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Court Fees on Issue
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Up to £300
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£30.00
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Nil
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Up to £500
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£45.00
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Nil
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Up to £1,000
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£65.00
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Nil
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Up to £1,500
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£75.00
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Nil
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Up to £3,000
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£85.00
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Nil
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Up to £5,000
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£108.00
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Nil
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Up to £15,000
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£225.00
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Nil
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Up to £50,000
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£360.00
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Nil
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Up to £100,000
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£630.00
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Nil
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Up to £150.000
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£810.00
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Nil
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Up to £200,000
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£990.00
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Nil
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Up to £250,000
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£1,170.00
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Nil
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Up to £300.000
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£1,350.00
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Nil
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Over £300.000
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£1,530.00
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Nil
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JUDGMENT FEES:
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Up to £500
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£35.00
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£13.00
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£500 - £2,000
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£85.00
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£63.00
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£2,000 - £3,000
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£90.00
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£68.00
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£3,000 - £5,000
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£95.00
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£73.00
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£5,000 +
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£105.00
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£75.00
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Our Charge
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You Pay
(Providing remainder recovered from debtor)
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Court Fee
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POST JUDGMENT FEES:
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Warrant of Execution up to £125.00
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£7.50
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£5.25
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£35.00
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Warrant of Execution over £125.00
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£10.00
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£7.75
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£55.00
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Writ of Fieri Facias (Fi Fa)
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£51.75
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£nil
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£50.00
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Order to attend court for questioning
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£35.00
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£35.00
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£45.00
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Attachment of earnings order
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£35.00
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£35.00
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£65.00
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Third Party Debt Order
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£35.00
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£35.00
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£55.00
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Charging Order (including personal attendance at final hearing)*
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£150.00
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£40.00
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£55.00
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* Land Registry Fees are extra but are included in final amount due from debtor.
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OTHER COSTS:
In addition to the fixed charges above we charge a percentage recovery on the following scale:
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Value of Debt
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Percentage of sum recovered
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Up to £10,000
£10k -to- £25k
£25k -to- £50k
£50k -to- £100k
£100k+
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4%
3%
2%
1%
0.5%
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Please Note : There is no VAT payable on Court Fees but VAT at 17.5% applies to our charges and all other disbursements
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If you have any queries please contact our Debt Recovery Manager Martin Kingman
15/07/2008
Turnover is vanity, profit is sanity and cashflow is king.
Martin Kingman, Debt Recovery & Insolvency Manager explains how businesses must keep a close eye on their bank accounts to ensure that they have sufficient cash in the bank to meet the day to day demands.
Please call 0845 603 10 57 to speak to a member of our team
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