Debt Recovery services at Kumari Hart SolicitorsDebt Recovery – Our Costs

Our Fixed Fee Charges

Stage 1 – Letter of Claim

Up to £50 depending on the value of the debt.

Our letters of claim will demand payment of the outstanding debt within 7 days.

Stage 2 – Issuing a Claim Form

 Debt Court Fee Our Fee
Up to £300 £35 £65 + VAT
Up to £500 £50 £75 +VAT
£500-£1000 £70 £125+VAT
£1,000 – £1,500 £80 £150+VAT
£1,500 –  £3,000 £115 £175 +VAT
£3,000 – £5,000 £205 £200+VAT
£5,000 –  £10,000 £455 £250 +VAT
Over £10,000 5% of the claim £300 +VAT

Timescales: After the Court has issued the claim, the Defendant will have 14 days to file a Defence. This will be extended to 28 days if the Defendant files an Acknowledgement of Service indicating an intention to defend the claim.

Additional services if necessary

The prices stated below are for our legal fees, please not that related disbursements may also be payable for specific services, such as Court or process server fees.

Entering Judgement

  • Up to £10,000 –  £50
  • Over £10,000 –  £75

An application will be made to enter judgment immediately after the expiration of the time limit permitted for the filing of a Defence.

Enforcement of Judgment

  • Warrant of Execution – £75*
  • Attachment of Earnings – £175*
  • Third Party Debt Order – £275*
  • Charging Order over property – £500*

Anticipated disbursements

  • Court application fees –  £110 (these may be subject to change)
  • Representative’s fees- will depend upon hearing location

Timescale: A typical timescale for enforcing a judgment is 6 – 12 weeks.

Insolvency

Issuing a Statutory Demand –– £195*

Anticipated disbursements

  • Process server fees: £125 plus vat

Timescale: Once a statutory demand has been served on the Debtor, the Debtor will have 21 days to make payment.

*Fixed fee includes one attendance at Court and does not include court fees, process server fees, advertisement fees, Official Receiver fees, Land Registry fees, bailiff fees or barrister’s fees.

Please note that If you wish to procced with a claim the following is relevant:

  • Interest and statutory compensation can push the overall amount owed up and may take the debt into a higher banding (see above) which in turn may incur a higher cost
  • Disbursements such as Court fees will vary depending upon the value of the debt. These are set by the Ministry of Justice
  • fixed fees do not include providing you with advice in relation to your claim and only cover the transactional process.
  • We are not currently VAT registered, but if that were to change you would not be able to recover the VAT element of our fees from the debtor.

What qualifications do we hold?

For more information click HERE

Make a free enquiry

To find out more about how we can assist you with commercial disputes, please call Anu Hart on 02477981545 or Email Us or complete a  Free Online Enquiry.

Make An Enquiry

Reviews

Excellent service from Anu Hart when dealing with my contract dispute. I would recommend her to my family and friends. …

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Why Choose Us

  • We react quickly in disputes and aim to send a letter to the opposition within 24 hours of taking initial instructions.
  • We provide a personal service and you will have access to your solicitor’s mobile number, thus offering greater flexibility in the way that we deliver our services.
  • We offer very competitively priced services.